10:54:48 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Aston Bay Holdings Ltd
Symbol BAY
Shares Issued 221,501,969
Close 2023-10-25 C$ 0.06
Market Cap C$ 13,290,118
Recent Sedar Documents

Aston Bay private placement

2023-10-25 20:01 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered and non-brokered private placement announced Sept. 5, 2023, and Sept. 29, 2023.

Number of shares:  brokered -- 28,847,375 shares; non-brokered -- 2.45 million shares

Warrants:  brokered -- 28,847,375 share purchase warrants to purchase 28,847,375 shares; non-brokered -- 2.45 million share purchase warrants to purchase 2.45 million shares

Purchase price:  eight cents per share

Warrant exercise price:  12 cents for a two-year period

Number of placees:  41 placees

Total pro group involvement:  1.7 million (four pro groups)

Agent's fee:  Cantor Fitzgerald Canada Corp., $120,227.40 cash and 1,502,843 broker warrants

Broker warrant terms:  Each warrant entitles the holder to purchase one common share at the price of eight cents for a period of two years from the date of issuance.

The company issued a news release on Oct. 5, 2023, confirming the closing of the private placement. 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.