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Slam Exploration Ltd V.SXL

Alternate Symbol(s):  SLMXF

SLAM Exploration Ltd. is a Canadian junior resource company holding a portfolio of gold and base metal projects. The Company is engaged in the acquisition, exploration and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. The Company's projects include Mine Road Project, Menneval Gold Project, Ear Falls Lithium Project, Jake Lee Gold Project, Highway Gold Project, Keezhik Gold, Dam Lake Project, and others. The Mine Road Project is a significant addition to its portfolio of wholly owned BMC projects that include Goodwin, O'Hearn-Strachens, California Lake, Lower 44, LBM, North Rim, Portage, Satellite, Nine Mile, and Red Pine. The Highway project has demonstrated polymetallic potential with 10 known mineral occurrences that include zinc, silver, copper, cobalt, molybdenum and tin as well as gold. The Company holds NSR royalties on the Wedge copper zinc project, Ramsay, Reserve Creek, and Opikeigen gold projects.


TSXV:SXL - Post by User

Post by Magnum2on Jan 18, 2022 7:16pm
157 Views
Post# 34330875

Financing details, tells all...

Financing details, tells all...

 

Slam Exploration 5,327,272-unit private placement

 

2022-01-18 18:51 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 17, 2022.

 

Number of shares:  5,327,272 flow-through units (Each unit consists of one flow-through common share and one-half of one common share purchase warrant.)

Purchase price:  5.5 cents per unit

Warrants:  2,663,636 common share purchase warrants to purchase 2,663,636 common shares

Warrant exercise price:  10 cents for a period of two years from the date of closing

Number of placees:  16 placees

Insider/pro group participation:  none

Finder's fee:  $31,200 cash commission and 231,364 compensation units, payable to EMD Financial Inc. (Each compensation unit consists of one common share and one common share purchase warrant. Each compensation warrant is exercisable at 10 cents per common share for a period of two years from the date of closing.)

DYODD

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