The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.
Number of shares: 10,264,100 flow-through common shares
Purchase price: seven cents per flow-through common share
Number of placees: 15 placees
Insiders: Renaud Hinse, 483,000;
Decochib Inc. (Renaud Hinse), 930,000;
Nicole Veilleux, 100,000;
Daniel Adam, 108,600
Finder's fee: An arm's-length finder received $23,748.75 in cash and 339,268 non-transferable warrants to purchase 339,268 common shares at an exercise price of 10 cents per share until Dec. 31, 2019.
The company has confirmed the closing of the above-mentioned private placement by way of the press release dated Dec. 31, 2018.
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