The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on Feb. 23, 2021, and Feb. 24, 2021.
Number of shares: 1,087,000 Quebec flow-through shares;
5,999,900 national flow-through shares; 4,095,400 non-flow-through common shares
Purchase price: $1.84 per Quebec flow-through share;
$1.45 per national flow-through share;
$1.05 per non-flow-through common share
Number of placees: 26 placees
Total pro group involvement: 127,817 (two placees)
Finders' fees: an aggregate of $900,006.30 and 670,938 compensation options payable to Paradigm Capital Inc., Laurentian Bank Securities Inc., Desjardins Securities Inc. and BMO Capital Markets (Each compensation option is exercisable to acquire one non-flow-through common share at a price of $1.05 for a period of 24 months.)
© 2021 Canjex Publishing Ltd. All rights reserved.