RE:Ker Report on 9 July mentioned new Discovery I missed that. Good Sign insider Placement---
O3 Mining private placement
2020-07-13 18:45 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on May 28, 2020.
Number of shares: 8,599,810 non-flow-through common shares and 4,651,200 flow-through common shares
Purchase price: $2.35 per non-flow-through common share and $4.30 per flow-through common share
Warrants: 6,625,505 share purchase warrants to purchase 6,625,505 non-flow-through common shares
Warrant exercise price: $3.25 for a period of two years
Number of placees: 100 placees
Insiders: Jose Vizquerra Benavides, 879,000; Blair Zaritsky, 15,000; Donald Njegovan, 10,000
Total pro group involvement: 203,916 (five placees)
Underwriters' commissions: $1,907,959 payable to Cormark Securities Inc., Sprott Capital Partners LP, Canaccord Genuity Corp., Eight Capital, CIBC Capital Markets, National Bank Financial Inc., Red Cloud Securities Inc. and Stifel Nicolaus Canada Inc.
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