Rockridge Resources private placement
2020-01-03 20:38 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 23, 2019.
Flow-through (FT) shares
Number of FT shares: 4,572,715 flow-through shares
Purchase price: 14 cents per flow-through share
Warrants: 2,286,358 share purchase warrants to purchase 2,286,358 shares
Warrant initial exercise price: 25 cents
Warrant term to expiry: three years
Non-flow-through (NFT) shares
Number of NFT shares: 3.21 million non-flow-through shares
Purchase price: 12.5 cents per non-flow-through share
Warrants: 1,605,000 share purchase warrants to purchase 1,605,000 shares
Warrant initial exercise price: 25 cents
Warrant term to expiry: three years
Number of placees: 22 placees
Insiders: Grant Ewing, 200,000; Tri Ventures Capital Corp. (Jordan Trimble), 500,000