RYU Apparel 45,322,731-share private placement Looks to me like it is closed - "Number of placees: 13" - YAY!
2020-02-18 19:43 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 20, 2019.
Number of shares: 45,322,731 shares
Purchase price: three cents per share
Warrants: 45,322,731 share purchase warrants to purchase 45,322,731 shares
Warrant initial exercise price: five cents
Warrant term to expiry: two years (The warrants are subject to accelerated expiry in the event the daily volume weighted average trading price of the company's common shares equals or exceeds 10 cents on the TSX Venture Exchange (or such other exchange on which the common shares may be traded) for 10 consecutive trading days at any time after April 21, 2020, in which case the company may accelerate the expiry date of the warrants by giving notice via a news release to the holders thereof and, in such case, the warrants will expire on the 30th day after the date on which the news release is disseminated by the company.)
Number of placees: 13 placees
Finder's fee: Canaccord Genuity Corp., $15,574.56 cash
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.
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