The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 7, 2020.
Number of shares: 8.24 million shares
Purchase price: 7.5 cents per share
Warrants: 8.24 million share purchase warrants to purchase 8.24 million shares
Warrant exercise price: 10 cents for a two-year period
Number of placees: 21 placees
Insider: R7 Capital Venture Ltd. (Karim Rayani), 500,000
Total pro group involvement: 630,000 (two placees)
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