The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 27, 2023, Aug. 21, 2023, and Aug. 24, 2023.
Number of units: 47,387,500 units
Purchase price: four cent per unit
Warrants: 47,387,500 share purchase warrants to purchase 47,387,500 shares
Warrant exercise price: seven cents for a three-year period
Number of placees: 20 placees
Total existing insider involvement: 13,625,000 (two insiders)
Total pro group involvement: 2.5 million (one pro group)
Finder's fee: $106,530 cash and 2,663,250 warrants
Finder's warrant terms: Each warrant entitles the holder to purchase one common share at the price of seven cents per share until Aug. 14, 2026.
© 2023 Canjex Publishing Ltd. All rights reserved.