The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 18, 2019, March 21, 2019, and March 22, 2019.
Number of shares: 8,835,199 shares
Purchase price: 12 cents per share
Warrants: 4,417,599 share purchase warrants to purchase 4,417,599 shares
Warrant exercise price: 20 cents for a 30-month period
Number of placees: 19 placees
Insiders: Ariston Capital Corp. (Peter Ball), 1.25 million;
Odin Christensen, 210,000;
Alfred Stewart, 210,000;
John Watson, 600,000;
Marcus Johnston, 83,500
Finders' fees: Redplug Capital Corp., $36,960 cash and 308,000 finder warrants payable;
Haywood Securities Inc., $840 cash and 7,000 finder warrants payable;
PI Financial Corp., $420 cash and 3,500 finder warrants payable;
Leede Jones Gable Inc., $840 cash and 7,000 finder warrants payable (Each finder warrant is exercisable into one common share at 20 cents for 30 months from closing.)
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