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.
© 2024 Canjex Publishing Ltd. All rights reserved.