The TSX Venture Exchange has accepted for filing the company's proposal to issue 150,000 shares at a deemed price of 28 cents and 75,000 warrants, in consideration of certain services provided to the company pursuant to an agreement dated June 27, 2023. Each warrant is non-transferable and exercisable to acquire one common share of the company at a price of 40 cents per common share for a period of 12 months from the date of issuance.
Number of service providers: one
Total pro group involvement: $42,000, 150,000 shares at 28 cents (one pro group)
Warrants: 75,000 share purchase warrants to purchase 75,000 shares
Warrant exercise price: 40 cents for a one-year period
For further details, please refer to the company's news release dated June 30, 2023.
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