01:07:50 EDT Wed 07 Jun 2023
Enter Symbol
or Name

Login ID:
Northern Shield Resources Inc (2)
Symbol NRN
Shares Issued 69,447,475
Close 2023-03-29 C$ 0.05
Recent Sedar Documents

Northern Shield 1.25-million-unit private placement

2023-03-30 18:54 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 21, 2023.

Number of shares:  1.25 million units

Purchase price:  five cents per unit

Warrants:  1.25 million share purchase warrants to purchase 1.25 million shares

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

Number of placees:  two placees

Total existing insider involvement:  250,000 (one insider)

Finder's fee:  $5,000 cash and 70,000 warrants

Finder's warrant terms:  Each finder's warrant entitles the holder to purchase one common share at the price of 10 cents for a period of two years from the date of issuance.

The company issued a news release on March 21, 2023, confirming the closing of the private placement. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

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