PP Finally closed Simba Energy 42,014,975-unit private placement
Ticker Symbol: C:SMB
Simba Energy 42,014,975-unit private placement
Simba Energy Inc (C:SMB)
Shares Issued 296,974,268
Last Close 12/22/2015 $0.045
Wednesday December 23 2015 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 2, 2015.
Shares: 42,014,975
Price: five cents
Warrants: 21,007,488 share purchase warrants to purchase 21,007,488 shares
Exercise price: 7.5 cents for a two-year period
Placees: six
Insiders: Gagan Goel 33,914,975; Robert Dinning 2,500,000; James W. Dik one million; Hassan Hassan 1.5 million; Keith Margeston 900,000
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