05:22:36 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Metalex Ventures Ltd (2)
Symbol MTX
Shares Issued 129,375,315
Close 2021-01-22 C$ 0.10
Market Cap C$ 12,937,532
Recent Sedar Documents

Metalex Ventures private placement

2021-01-22 20:56 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 11, 2020, and Dec. 17, 2020.

Number of shares:  19,163,528 flow-through shares; 21,422,284 non-flow-through shares

Purchase price:  8.5 cents per flow-through share; seven cents per non-flow-through share

Warrants:  10,711,141 share purchase warrants to purchase 10,711,141 shares

Warrant exercise price:  10 cents for a two-year period

Number of placees:  47 placees

Insider:  Element 29 Ventures Ltd., 100,000

Total pro group involvement:  4,028,235 (six placees)

Finders' fees:  an aggregate of $152,595 in cash and 1,550,235 finders' warrants payable to 6132987 Canada Inc., Canaccord Genuity Corp., PI Financial Corp., Haywood Securities Inc., Topleft Securities Ltd., Echelon Wealth Partners Inc., BMO Nesbitt Burns and Delbrook Capital Advisors (Each finder's warrant entitles the holder to acquire one common share at 10 cents for a two-year period.)

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