The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 6, 2023.
Number of shares: 3.25 million shares
Purchase price: six cents per share
Warrants: 3.25 million share purchase warrants to purchase 3.25 million shares
Warrant exercise price: 10 cents for a five-year period
Number of placees: four placees
Total existing insider involvement: 2,125,000 (two insiders)
The company issued a news release on Nov. 3, 2023, confirming the closing of the private placement.
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