3 IS LUCKY- NEW SHARESPlato Gold 22,953,335-share private placement
2009-11-03 18:35 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Sept. 10, 2009, Sept. 17, 2009, and Sept. 25, 2009.
Number of shares: 18,031,667 flow-through shares and 4,921,668 common shares
Purchase price: 4.5 cents per flow-through and common share
Warrants: 22,953,335 share purchase warrants to purchase 22,953,335 shares
Warrant exercise price: 10 cents for a two-year period
Hidden placees: Nine hidden placees participated
Insiders: Greg K.W. Wong, one million; Anthony Cohen, 666,668
Pro group: Robert C. Christopherson, 222,223
Agent's fee: $52,500 and 2,066,666 compensation options payable to Limited Market Dealer Inc. (Each compensation option is exercisable into one unit at a price of 4.5 cents per unit for a two-year period. Each unit consists of a common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price of 10 cents per common share for a two-year period.)