The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement as announced in news releases dated Oct. 22, 2019, and Nov. 15, 2019.
Number of securities: 4,167,273 common shares;
8,908,258 charity flow-through common shares;
7,105,517 flow-through common shares of Quebec
Purchase price: 22 cents per common share;
40 cents per charity flow-through common share;
29 cents per flow-through common share of Quebec
Number of placees: 37 placees
Insiders: Charles Main, 300,000;
Mario Caron, 90,900;
Normand Champigny, 20,000;
John Hick, 181,818
Total pro group: 2,415,011 (six placees)
Finders' fees: Laurentian Bank Securities Inc. and Canaccord Genuity Corp. received a cash commission of $392,442. The underwriters and Leede Jones Gable Inc. also received 1,210,863 non-transferable compensation warrants to purchase 1,210,863 at a price of 30 cents expiring on Nov. 29, 2021.
The company has confirmed the closing of the private placement in a news release dated Nov. 29, 2019.
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