The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 10, 2020.
Number of shares: 1.19 million shares
Purchase price: 7.5 cents per share
Warrants: 1.19 million share purchase warrants to purchase 1.19 million shares
Warrant initial exercise price: 10 cents
Warrant term to expiry: five years
Number of placees: five placees
Insider: Cyrus Driver, 200,000
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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