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Commerce Resources Corp (2)
Symbol CCE
Shares Issued 72,748,207
Close 2021-01-07 C$ 0.32
Recent Sedar Documents

Commerce Resources 15,571,241-share private placement

2021-01-07 16:48 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 21, 2020.

Number of shares:  15,571,241 shares

Purchase price:  21 cents per share

Warrants:  15,571,241 share purchase warrants to purchase 15,571,241 shares

Warrant initial exercise price:  29 cents

Warrant term to expiry:   five years

Number of placees:  107 placees

Insiders:   Zimtu Capital Corp., 475,000; Jody Dahrouge, 100,000 (Jody Dahrouge)

Pro group:  one placee, 100,000

Finders' fees:   PI Financial Corp.: $8,820.00 cash; 42,000 warrants; Canaccord Genuity Corp.: $5,161.38 cash; 1,750 warrants; EDE Asset Management Inc.: $30,135.00 cash; 143,500 warrants

Finder warrant initial exercise price:  29 cents

Finder warrant term to expiry:  five years

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