11:00:05 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Green Battery Minerals Inc
Symbol GEM
Shares Issued 86,088,644
Close 2023-12-27 C$ 0.05
Market Cap C$ 4,304,432
Recent Sedar Documents

Green Battery arranges $175,000 private placement

2023-12-27 20:19 ET - News Release

Mr. Thomas Yingling reports

GREEN BATTERY ANNOUNCES FLOW-THROUGH FINANCING

Green Battery Minerals Inc. will carry out an offering of 2.5 million flow-through units at the price of seven cents per unit for an aggregate amount of $175,000. Each unit comprised one flow-through common share and one-half of one share purchase warrant for the purchase of one common share at the price of 10 cents and having an exercise period of three years, subject to the following acceleration provision: in the event that if the company's common shares trade at or above 25 cents for a period of 10 consecutive days in which case the warrants shall expire 30 days from the date the company provides notice of such acceleration. The company shall pay finders' fees comprising a combination of cash and compensation warrants. The compensation warrants are exercisable at seven cents for a period of three years.

Proceeds of the private placement will be used for working capital on the company's natural resource properties.

All securities issued will be subject to a four-month hold period which will expire on the date that is four months and one day from the date of issue.

We seek Safe Harbor.

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