The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.
Number of securities: 1,256,455 units
Purchase price: 55 cents per unit
Warrants: 1,256,455 warrants to purchase 1,256,455 common shares
Warrant exercise price: 75 cents expiring on Aug. 21, 2021
Number of placees: 13 placees
Insiders: Dominique Bouchard, 45,455;
Steven Pinney, 45,000;
Marco Gagnon, 36,500;
Claude Lafleur, 45,500;
Brian Ostroff, 40,000
Finders' fees: Three finders received a cash commission totalling $30,657 and 55,740 warrants to purchase 55,740 common shares at a price of 75 cents, expiring on Aug. 21, 2021.
The company has confirmed the closing of the private placement in a news release dated Aug. 22, 2019.
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