Oro Mining 71,837,000-share private placement 2012-02-17 19:17 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Feb. 2, 2012, and amended Feb. 15, 2012.
Number of shares: 71,837,000 shares
Purchase price: 11 cents per share
Warrants: 35,918,500 share purchase warrants to purchase 35,918,500 shares
Warrant exercise price: 20 cents for a two-year period
Number of placees: 23 placees
Insiders: John Brownlie, 200,000; GJM Management Consultants Inc. (Gregory Martin), 200,000; Ronald Ewing, 200,000; Robert Kendrick, 200,000; 0713183 B.C. Ltd. (Darren Bahrey), 200,000; Priscila Costa Lima, 200,000; Wexford Spectrum Trading Ltd. (Charles E. Davidson and Joseph M. Jacobs), 27,272,800
Agent's fee: $450,000 cash and 3,591,850 agent warrants exercisable at 20 cents for two years payable to Casimir Capital LP