09:28:41 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Rockridge Resources Ltd
Symbol ROCK
Shares Issued 52,373,282
Close 2021-03-10 C$ 0.13
Market Cap C$ 6,808,527
Recent Sedar Documents

Rockridge Resources private placement

2021-03-10 19:09 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 5, 2021.

Flow-through (FT) shares

Number of FT shares:  3,991,429 flow-through shares

Purchase price:  14 cents per flow-through share

Warrants:  1,995,715 share purchase warrants to purchase 1,995,715 shares

Warrant initial exercise price:  22 cents

Warrant term to expiry:  three years

Non-flow-through (NFT) shares

Number of NFT shares:  16.62 million non-flow-through shares

Purchase price:  12.5 cents per non-flow-through share

Warrants:  16.62 million share purchase warrants to purchase 16.62 million shares

Warrant initial exercise price:  22 cents

Warrant term to expiry:  five years

Number of placees:  59 placees

Insiders:  Jordan Trimble, 100,000; James Pettit, 100,000; Chantelle Collins, 100,000

Total pro group involvement:  150,000 (one placee)

Finders' fees:  GloRes Securities Inc., $15,750 cash and 115,714 warrants; Qwest Investment Fund Management Ltd., $21,000 cash and 150,000 warrants; PI Financial Corp., $2,625 cash and 21,000 warrants; Canaccord Genuity Corp., $12,000 cash and 96,000 warrants; Haywood Securities Inc., $875 cash and 7,000 warrants; M Partners Inc., $8,750 cash and 70,000 warrants

Finder's warrant initial exercise price:  22 cents

Finder's warrant term to expiry:  valid for three years

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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