Charbone Hydrogen 16,992,440-share private placement
2024-02-09 16:11 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Feb. 2, 2024.
Number of shares: 16,992,440 common shares
Purchase price: five cents per common share
Warrants: 16,992,440 common share purchase warrants to purchase 16,992,440 common shares
Warrant exercise price: five cents per common share for a period of 12 months
Number of placees: 42 placees
Finder's fee: $29,300, 586,000 finder's warrants
Finder's warrants terms: Each finder's warrant entitles the holder to purchase one common share at the price of five cents for a period of 12 months.
The company issued a new release on Feb. 2, 2024, confirming closing of the private placement.
Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.