The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 22, 2020, and Jan. 28, 2020.
Number of shares: five million shares
Purchase price: 68 cents per share
Warrants: five million share purchase warrants to purchase five million shares
Warrant exercise price: $1 for a five-year period
Number of placees: 50 placees
Insiders: Carlos Javier Escribano, 75,000;
Craig Allan Steinke, 36,765;
David Elliott, 77,500
Total pro group involvement: 962,500 (eight placees)
Finder's' fees: Canaccord Genuity Corp., $79,898.40 cash payable;
Haywood Securities Inc., $99,348 cash payable;
PI Financial Corp., $3,264 cash payable
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