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Azincourt Energy Corp
Symbol AAZ
Shares Issued 458,465,559
Close 2021-10-14 C$ 0.10
Recent Sedar Documents

Azincourt Energy private placement

2021-10-14 20:05 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 22, 2021.

Number of shares:  77,877,416 non-flow-through shares; 17,600,126 flow-through shares; 14,285,714 charity flow-through shares

Purchase price:  seven cents per non-flow-through share; 7.5 cents per flow-through share; 9.3 cents per charity flow-through share

Warrants:  109,763,256 share purchase warrants to purchase 109,763,256 shares

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

Number of placees:  42 placees

Insiders:  MMCAP International SPC, 28,571,428; Alex Klenman, 266,666; Carl Trevor Perkins, 142,857

Total pro group involvement:  2,796,318 (three placees)

Finder's fee:  Red Cloud Securities Inc., $627,324.94 and 8,492,484 finder's warrants, exercisable into common shares at seven cents per share for a 36-month period

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