NEWS:Western Wind 914,482-share private placementWestern Wind 914,482-share private placement
2010-11-29 14:53 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation withrespect to the first tranche of a non-brokered private placementannounced Nov. 15, 2010.
Number of shares: 914,482 shares
Purchase price: $1 per share
Warrants: 457,241 share purchase warrants to purchase 457,241 shares
Warrant exercise price: $1.25 for a two-year period
Hidden placee: One hidden placee
Pro groups: Meico Investment Corp. (Max Meier), 100,000;Eymann Investments Corp. (John T. Eymann), 50,000;Priya Patil, 25,000
Insider: Dynamic Power Hedge Fund, 639,482
Finders' fees: $7,000 and 7,000 finder warrants payable to Loewen,Ondaatje, McCutcheon Ltd.; $57,013.74 and 57,013 finder warrantspayable to PI Financial Corp.(Each finder's warrant is exercisable into one unit at a price of $1for a two-year period, where each unit comprises one share and one-halfshare purchase warrant on the same terms as above.)
Western Wind 914,482-share private placement
2010-11-29 14:53 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation withrespect to the first tranche of a non-brokered private placementannounced Nov. 15, 2010.
Number of shares: 914,482 shares
Purchase price: $1 per share
Warrants: 457,241 share purchase warrants to purchase 457,241 shares
Warrant exercise price: $1.25 for a two-year period
Hidden placee: One hidden placee
Pro groups: Meico Investment Corp. (Max Meier), 100,000;Eymann Investments Corp. (John T. Eymann), 50,000;Priya Patil, 25,000
Insider: Dynamic Power Hedge Fund, 639,482
Finders' fees: $7,000 and 7,000 finder warrants payable to Loewen,Ondaatje, McCutcheon Ltd.; $57,013.74 and 57,013 finder warrantspayable to PI Financial Corp.(Each finder's warrant is exercisable into one unit at a price of $1for a two-year period, where each unit comprises one share and one-halfshare purchase warrant on the same terms as above.)