Silver up big today-insider recently bought 5 million shares
Bayhorse Silver 12.75-million-share private placement
2022-08-22 16:08 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 18, 2022.
Number of shares: 12.75 million common shares
Purchase price: four cents per common share
Warrants: 12.75 million share purchase warrants to purchase 12.75 million common shares
Warrant exercise price: 10 cents for a two-year period
Number of placees: 13 placees
Insiders: Graeme O'Neill, five million; Rick Low, 275,000
Finder's fee: Cash commission of $700 and 17,500 finder's warrants payable to Leede Jones Gable. Each non-transferable finder's warrant is exercisable into one common share at 10 cents for a two-year period.
Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release on Aug. 16, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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