TSX Venture Exchange accepted private placement TSX Venture Exchange accepted private placement
Woulfe Mining Corp
Symbol C : WOF
Shares Issued 348,906,636
Close 2014-02-14 C$ 0.13
Recent Sedar Documents
Woulfe $350,000 convertible financing
2014-02-18 17:14 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Woulfe Mining Corp. announced Jan. 22, 2014:
Convertible loan: $350,000
Conversion price: convertible into units consisting of one common share and one common share purchase warrant at 11.5 cents of principal outstanding
Maturity date: one year from closing
Warrants: Each warrant will have a term of three years from the date of issuance of the loan and entitle the holder to purchase one common share. The warrants are exercisable at the price of 12 cents per share.
Interest rate: 12 per cent
The company has the option to settle the payment of interest due at the end of the term through the issuance of common shares of the company at a conversion price (subject to exchange minimum pricing guidelines) equivalent to the market price of the company's common shares on the interest conversion date.
Insider: Dundee Corp. $350,000
© 2014 Canjex Publishing Ltd. All rights reserved.