The TSX Venture Exchange has accepted for filing documentation with respect to the sales of shares as set out below, which were made in the form of a registered direct offering pursuant to an effective registration statement on Form F-3, previously filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 9, 2023, and declared effective Aug. 18, 2023. The terms of the offering are set forth in a prospectus supplement that was filed with the SEC on July 19, 2024. The exchange has been advised by the company that sales under the offering for the period starting July 19, 2024, occurred for gross proceeds of $10,000,002 (U.S.).
Offering: 3,333,334 common shares
Offering price: $3 (U.S.) per common share and common share purchase warrant
Warrant exercise price/term: 3,333,334 share purchase warrants to purchase 3,333,334 common shares, with each warrant being exercisable into one common share at $4 (U.S.) per share until July 19, 2029
Refer to the prospectus dated Aug. 9, 2023, the accompanying prospectus supplement dated July 19, 2024, and the company's news releases dated July 19, 2024, for more information in respect of the offering.
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