16:17:18 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Sonoro Metals Corp (2)
Symbol SMO
Shares Issued 42,469,317
Close 2020-08-24 C$ 0.29
Market Cap C$ 12,316,102
Recent Sedar Documents

Sonoro Metals 36,363,638-share private placement

2020-08-24 19:12 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 23, 2020.

Number of shares:  36,363,638 shares

Purchase price:  22 cents per share

Warrants:  36,363,638 share purchase warrants to purchase 36,363,638 shares

Warrant initial exercise price:  30 cents

Warrant term to expiry:  three years

Number of placees:  121 placees

Insiders:  Koios Corporate Financial Services Ltd. (Salil Dhauyma), 72,727; Western Investments Ltd. (John Darch), 300,000; John Darch, 228,000; Stephen Kenwood, 140,000; Kenneth MacLeod, 263,636; James G. Taylor, 307,000; Melvin A. Herdrick, 100,000; Neil Maedel, 181,818

Total pro group involvement:  473,273 (three placees)

Finders' fees:  Mackie Research Capital Corp., $18,634 cash and 84,700 warrants; PI Financial Corp., $1,540 cash and 7,000 warrants; Haywood Securities Inc., $26,434.10 cash and 120,155 warrants; Canaccord Genuity Corp., 1,043,802 shares and 2,087,604 warrants; Raymond James Ltd., $3,080 cash and 14,000 warrants; Echelon Wealth Partners Inc., $1,540 cash and 7,000 warrants; Arbora A.G., $11,550 cash and 52,500 warrants; Odlum Brown Ltd., $3,500 cash

Finder's warrant initial exercise price:  30 cents

Finder's warrant term to expiry:  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.

© 2024 Canjex Publishing Ltd. All rights reserved.