03:52:12 EST Thu 12 Dec 2019
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Amex Exploration Inc (2)
Symbol AMX
Shares Issued 62,734,137
Close 2019-12-02 C$ 1.18
Recent Sedar Documents

Amex Exploration 4.99-million-share private placement

2019-12-02 19:00 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement as announced in a news release dated Oct. 15, 2019.

Number of securities:  4.99 million flow-through common shares

Purchase price:  $1.80 per flow-through common share

Warrants:  2,495,000 common share purchase warrants to purchase 2,495,000 non-flow-through common shares

Warrant exercise price:  $1.50 until May 21, 2021

Number of placees:  48 placees

Insider:  2176423 Ontario Ltd. (Eric Sprott), two million

Finders' fees:  PI Financial Corp., Generic Capital Corp., Canaccord Genuity Corp. and Laurentian Bank Securities Inc. received a cash commission equal to 6 per cent of the aggregate proceeds, excluding proceeds from the issuance of flow-through common shares on the president's list for which a commission of 3 per cent of such gross proceeds was be paid by the issuer. The underwriters also received 256,799 non-transferable warrants to purchase 256,799 common shares at a price of $1.50 per share for a period of 18 months.

The company has confirmed the closing of the private placement in news releases dated Nov. 7, 2019, and Nov. 21, 2019.

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