So...Doug is hard at work for the money and shares The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 9, 2019.
Number of shares: 3.75 million shares
Purchase price: 40 cents per share
Warrants: 3.75 million share purchase warrants to purchase 3.75 million shares
Warrant initial exercise price: 60 cents
Warrant term to expiry: three years
Number of placees: 19 placees
Insider: Jie Tian, 114,500
Finders' fees: PI Financial, $10,284.40 cash and 25,711 warrants; Douglas Billings, $72,099.60 cash and 180,249 warrants
Finder's warrant initial exercise price: 60 cents
Finder's warrant term to expiry: three-year term