The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 7, 2020.
Number of shares: 7,692,308 common share units (Each unit consists of one common share and one common share purchase warrant.)
Purchase price: 6.5 cents per unit
Warrants: 7,692,308 warrants to purchase 7,692,308 common shares
Warrant exercise price: 15 cents for a period of two years from the closing date
Number of placees: 12 placees
Insider: Chris Reid, 288,539
Total pro group involvement: 950,000 (two placees)
Finders' fees: $6,337.50 cash commission paid to PI Financial Corp. and $1,501.50 cash commission paid to Mackie Research Capital Corp.
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