13:30:57 EDT Mon 06 Jul 2020
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Iconic Minerals Ltd (2)
Symbol ICM
Shares Issued 82,630,778
Close 2020-06-30 C$ 0.07
Recent Sedar Documents

Iconic Minerals 20-million-share private placement

2020-06-30 20:13 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 28, 2020.

Number of shares:  20 million shares

Purchase price:  five cents per share

Warrants:  20 million share purchase warrants to purchase 20 million shares

Warrant initial exercise price:  seven cents

Warrant term to expiry:  two years

Number of placees:  22 placees

Insiders:  Keturah Nathe, 500,000; Richard Barnett, 400,000; Richard Kern, 2.5 million

Total pro group involvement:  1.3 million (two placees)

Finder's fee:  Canaccord Genuity Corp., $3,000 cash and 60,000 warrants

Finder's warrant initial exercise price:  seven cents

Finder's warrant term to expiry:  one year only

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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