Financing TSX first tranche CLOSEDFirst Star Resources 6,008,000-share private placement
2011-05-26 20:26 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced March 25, 2011, and revised May 12, 2011:
Number of shares: 6,008,000 shares
Purchase price: 15 cents per share
Warrants: 6,008,000 share purchase warrants to purchase 6,008,000 shares
Warrant exercise price: 20 cents for a two-year period
Hidden placees: 49 placees
Insider: Karsten Eden 30,000
Pro group participation: Murray McInnis 70,000, David Hamilton-Smith 75,000
Finders' fees: $30,376.50 cash payable to Canaccord Genuity Corp., $4,725 cash payable to Union Securities Ltd., $2,520 cash payable to Global Securities Corp., $2,100 cash payable to Mackie Research Capital Corp.