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Imperial Mining Group Ltd
Symbol IPG
Shares Issued 78,104,298
Close 2020-08-07 C$ 0.09
Recent Sedar Documents

Imperial Mining private placement

2020-08-07 21:48 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Number of securities:  1,515,000 flow-through common shares; 15,414,998 non-flow-through common shares

Purchase price:  seven cents per flow-through common share; 5.5 cents per non-flow-through common share

Warrants:  15,414,998 share purchase warrants to purchase 15,414,998 common shares

Warrants exercise price:  5.5 cents per share during a period of 24 months from the closing date

Number of placees:  33 placees

Insiders:  Corporation Financiere SKTM Ltee., 515,000; Steven Brunelle, 181,818

Finders' fees:  Arm's-length finders received a total cash commission of $9,047.50 and non-transferable finders' warrants to purchase 129,400 common shares at a price of 10 cents per share for a 24-month period from the closing date.

The company has confirmed the closing of the private placement in a news release dated July 23, 2020.

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