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Pacific Empire Minerals Corp
Symbol PEMC
Shares Issued 110,348,195
Close 2024-01-19 C$ 0.03
Market Cap C$ 3,310,446
Recent Sedar Documents

Pacific Empire 20-million-share private placement

2024-01-19 19:37 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 19, 2023.

Number of shares:  20 million shares

Purchase price:  one cent per share

Number of shares:  14,999,999 flow-through shares

Purchase price:  1.5 cents per share

Number of placees:  32 placees

Total existing insider involvement:  1,333,333 (one insider)

Total pro group involvement:  13,416,666 (four pro groups)

Finder's fee:  $18,550 cash and 1,481,666 warrants

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

The company issued news releases on Jan. 3, 2024, and Jan. 17, 2024, confirming the closing of the private placement.

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