12:39:27 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Emerita Resources Corp (2)
Symbol EMO
Shares Issued 77,614,165
Close 2020-07-14 C$ 0.16
Market Cap C$ 12,418,266
Recent Sedar Documents

Emerita Resources 27-million-share private placement

2020-07-14 18:31 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 14, 2020.

Number of shares:  27 million shares

Purchase price:  five cents per share

Warrants:  13.5 million share purchase warrants to purchase 13.5 million shares

Warrant initial exercise price:  15 cents

Warrant term to expiry:  two years

Number of placees:  51 placees

Finders' fees:  Mackie Research Capital Corp., $3,200 cash; Canaccord Genuity Corp., $1,200 cash and 24,000 warrants; Haywood Securities Inc., $7,600 cash and 152,000 warrants; Fred Bruun, $4,000 cash; Hampton Securities, $2,400 cash and 48,000 warrants; Leede Jones Gable Inc., $5,760 cash and 115,200 warrants; Industrial Alliance Securities Inc., $46,000 cash and 920,000 warrants

Finder's warrant initial exercise price:  15 cents

Finder's warrant term to expiry:  24 months from issuance

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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