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Quattro Exploration flow-through, NFT private placement
2013-01-14 16:45 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 31, 2012.
Shares: 300,000 common shares; 1,368,000 flow-through shares
Price: 15 cents per common share unit; 15 cents per flow-through unit
Warrants: 834,167 share purchase warrants to purchase 834,167 shares
Exercise price: 30 cents for a one-year period
Convertible debenture: $1-million
Price: 15 cents
Maturity date: two years
Interest rate: 8 per cent per year
Placees: eight
Insider: Leonard Van Betuw 135,000 FT, $200,000