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Sokoman Minerals Corp. V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The company's primary focus is its portfolio of gold projects along the Central Newfoundland Gold Belt, and the district scale Fleur de Lys project in northwestern Newfoundland. The company also recently entered into a Strategic Alliance with Benton Resources Inc. through three, large-scale joint-venture properties in Newfoundland


TSXV:SIC - Post by User

Comment by stockwatcher7on Apr 22, 2021 4:51pm
136 Views
Post# 33051266

RE:RE:I guess they were not done yet a few more sold

RE:RE:I guess they were not done yet a few more soldThis placement  only provided broker  wts.. These  were  not  units.


 

Sokoman Minerals closes $3M private placement

 

2020-12-16 11:04 MT - News Release

 

Mr. Timothy Froude reports

SOKOMAN ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Sokoman Minerals Corp. has received approval from the TSX Venture Exchange to close its non-brokered private placement of flow-through shares announced on Dec. 2, 2020.

The company will issue 15 million flow-through shares at a price of 20 cents per flow-through share for aggregate gross proceeds of $3-million. The flow-through shares will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

In connection with the private placement, the company will pay $164,397 in finders' fees and will issue 764,550 broker warrants exercisable at 20 cents for 12 months from the date of issue, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a four-month hold period.

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