The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 20, 2019.
Second and final tranche
Number of shares: 3,004,500 shares
Purchase price: 40 cents per share
Warrants: 1,502,250 share purchase warrants to purchase 1,502,250 shares
Warrant exercise price: 60 cents for two years and six months
Number of placees: 36 placees
Insider: Christopher Doornbos, 75,000
Total pro group involvement: 262,500 (four placees)
Finders' fees: $18,000 cash and 45,000 warrants payable to Canaccord Genuity Corp.;
$3,000 cash and 7,500 warrants payable to Haywood Securities Inc. (Finder's fee warrants are exercisable at 60 cents per share for 30 months.)
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