The
TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 9, 2022, and Jan. 12, 2023.
Number of shares: 3.2 million shares
Purchase price:
9.5 cents per share
Warrants: 800,000 share purchase warrants to purchase 800,000 shares
Warrant exercise price: 12.5 cents for a one-year period
Number of placees: four placees
Aggregate existing insider involvement: four insiders, 3.2 million shares
The company issued a news release on May 26, 2023, confirming closing of the private placement.
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