The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 22, 2024.
Number of shares: 19,999,350 shares
Purchase price: 15 cents per share
Warrants: 19,999,350 share purchase warrants to purchase 19,999,350 shares
Warrant exercise price: 20 cents for a three-year period
Number of placees: 30 placees
Insiders: Ian Slater, two million;
Ian Harris, 466,667;
Fiore Aviation Corp. (Frank Giustra), 4.2 million
Total pro group involvement: 853,333 (three placees)
Pursuant to corporate finance Policy 4.1, Section 1.11(d), the company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period Feb. 15, 2024.
© 2024 Canjex Publishing Ltd. All rights reserved.