The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 7, 2022.
Number of shares: 12 million shares
Purchase price: 20 cents per share
Warrants: 12 million share purchase warrants to purchase 12 million shares
Warrant exercise price: 26 cents for a two-year period
Number of placees: 16 placees
Insiders: Michael Gentile, five million;
New Venture Equities Fund LP, two million;
Brian Miller, 25,000;
David Caulfield, 100,000;
Roberto A. Alarcon Bittner, 625,000;
Stuart Smith, 200,000
Total pro group involvement: 375,000 (one placee)
Finders' fees: Dundee Goodman Merchant Partners, $67,500;
Agentis Capital Market Canada LP, $48,750
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