18:19:47 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Golden Arrow Resources Corp
Symbol GRG
Shares Issued 126,876,596
Close 2023-10-30 C$ 0.065
Market Cap C$ 8,246,979
Recent Sedar Documents

Golden Arrow 11,709,357-share private placement

2023-10-30 18:36 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Sept. 13, 2023.

Number of shares:  11,709,357 shares

Purchase price:  seven cents per share

Warrants:  11,709,357 share purchase warrants to purchase 11,709,357 shares

Warrant exercise price:  15 cents for a three-year period

Number of placees:  25 placees

Total existing insider involvement:  653,000 (three insiders)

Total pro group involvement:  300,000 (three pro groups)

Finder's fee:  $23,877.70 cash and 341,110 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 15 cents for a period of three years from the date of issuance.

The company issued news releases on Sept. 29, 2023, and Oct. 27, 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.

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