06:49:15 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Xylitol Canada Inc (2)
Symbol XYL
Shares Issued 42,612,925
Close 2017-03-27 C$ 0.105
Market Cap C$ 4,474,357
Recent Sedar Documents

Xylitol Canada 17,396,198-share private placement

2017-03-29 16:31 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Feb. 2, 2017.

Number of shares:  17,396,198 shares

Purchase price:  12 cents per share

Number of placees:  28 placees

Insiders:  Muneeb Yusuf, 83,333 shares; Steven Haasz, 333,333 shares

Finder's fee:  An aggregate of $87,092, plus 1,167,865 finder's warrants (each exercisable into one common share at a price of 12 cents for a two-year period), is payable to Canaccord Genuity Corp.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.

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