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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