Eric Sportt buys 2 million GCC shares
Why does Eric Feel confident enough to buy 2 million shares of GCC? Nice to also see Chan Buckland on board as well as Sheldon Inwentash. Eric Sprott is now the largest shareholder of GCC!
Golden Cariboo six-million-share private placement
2012-12-10 18:46 ET - Private Placement
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 6, 2012.
Number of shares: Six million shares
Purchase price: 25 cents per share
Warrants: Three million share purchase warrants to purchase three million shares
Warrant exercise price: 35 cents for a one-year period
Number of placees: 30 placees
Insiders: 2176423 Ontario Ltd. (Eric Sprott), two million; Minaz Dhanani, 20,000
Pro group: Bukchuk Holding (Chan Buckland), 400,000
Finders' fees: $10,500 payable to Raymond James Ltd.; $350 payable to Tim Kenny; $700 payable to Sean Callaghan; $5,250 payable to Canpac Business Group Inc. (Fraser Fleming); $5,000 payable to Sprott Private Wealth LP; $7,000 payable to Haywood Securities; $7,000 payable to D&D Securities; $350 payable to Northern Securities; $1,750 payable to PI Financial; $47,500 payable to Longwave Analytics (Ian Gordon)