22:05:53 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Honey Badger Silver Inc (2)
Symbol TUF
Shares Issued 39,476,491
Close 2024-04-15 C$ 0.085
Market Cap C$ 3,355,502
Recent Sedar Documents

Honey Badger private placement

2024-04-15 19:15 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 20, 2024.

Number of shares:  5,642,307 flow-through common shares; 16,749,000 non-flow-through common shares

Purchase price:  6.5 cents per flow-through common share; five cents per non-flow-through common share

Warrants:  8,374,500 common share purchase warrants to purchase 8,374,500 common shares

Warrant exercise price:  6.5 cents for a period of 18 months

Number of placees:  44 placees

Total existing insider involvement:  6,763,923 (one insider)

Finder's fee:  $7,130 cash and 97,000 warrants

Finder's warrant terms:  Each finder's warrant entitles the holder to purchase one common share at the price of 6.5 cents for a period of 18 months from the date of issuance.

The company issued a news release on April 10, 2024, confirming the closing of the private placement. 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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