21:51:21 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



GSP Resource Corp
Symbol GSPR
Shares Issued 27,151,005
Close 2023-12-27 C$ 0.105
Market Cap C$ 2,850,856
Recent Sedar Documents

GSP Resource 1,741,682-share private placement

2023-12-27 19:21 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 27, 2023.

Number of shares:  1,741,682 flow-through shares

Purchase price:  12 cents per flow-through share

Warrants:  870,840 share purchase warrants to purchase 870,840 shares

Warrant exercise price:  20 cents for a two-year period

Number of placees:  11 placees

Total existing insider involvement:  150,000 (one insider)

Total pro group involvement:  133,333 (two pro groups)

Finder's fee:  $8,760.11 cash and 73,001 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 12 cents for period of two years from the date of issuance.

The company issued a news release on Dec. 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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