The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 21, 2023.
Number of securities: 2,395,000 flow-through common shares;
250,000 non-flow-through common shares
Purchase price: eight cents per flow-through common share;
6.5 cents per non-flow-through common share
Warrants: 2,645,000 share purchase warrants to purchase 2,645,000 shares
Warrant exercise price: 14 cents per share until Dec. 27, 2025
Number of placees: six placees
Total insider involvement: 270,000 (two insiders)
Finders' fees: Finders received cash commissions totalling $12,740 and 159,250 non-transferable share purchase warrants to purchase 159,250 shares at a price of 20 cents per share until June 27, 2025.
The company has confirmed the closing of the private placement in a news release dated Jan. 2, 2024.
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