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Pacific Empire Minerals Corp
Symbol PEMC
Shares Issued 125,348,195
Close 2024-05-09 C$ 0.06
Market Cap C$ 7,520,892
Recent Sedar Documents

Pacific Empire 14.45-million-share private placement

2024-05-09 20:11 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 22, 2024.

Number of shares:  14.45 million shares

Purchase price:  five cents per share

Warrants:  14.45 million share purchase warrants to purchase 14.45 million shares

Warrant exercise price:  eight cents for a period of three years

Number of placees:  51 placees

Total existing insider involvement:  1.2 million (four insiders)

Total pro group involvement:  1,775,000 (four pro groups)

Finder's fee:  $26,075 cash and 521,500 warrants

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

The company issued a news release on May 1, 2024, confirming the closing of the private placement.

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