00:33:17 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Star Navigation Systems Group Ltd
Symbol SNA
Shares Issued 317,967,892
Close 2014-11-25 C$ 0.04
Market Cap C$ 12,718,716
Recent Sedar Documents

Star Navigation 15-million-unit private placement

2014-11-26 16:20 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 17, 2014.

Shares:  15 million

Price:  six cents

Warrants:  15 million share purchase warrants attached to purchase 15 million shares

Exercise price:  15 cents for a two-year period

Placees:  28

Insiders:  Gus Nariman 633,333; Jinmag Inc. 316,667; Ibrahim Al Hamer 633,333

Finder's fee:  1.5 million units to Sunaik Corp.

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.

For further details, please refer to the company's news release dated Nov. 17, 2014.

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