RE: RE: RE: There is a huge Gap Simba WHAaaaaaaaaaaaaaT
Simba Energy Inc (C-SMB) - Private Placement
Simba Energy 53,036,250-share private placement
2012-04-19 16:24 ET - Private Placement
Shares issued 194,531,126
SMB Close 2012-04-18 C$ 0.145
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 2, 2012, and April 3, 2012.
Shares: 53,036,250 shares
Purchase price: eight cents per share
Warrants: 53,036,250 share purchase warrants to purchase 53,036,250 shares
Warrant exercise price: 16 cents for a two-year period
Placees: 57 placees
Insiders: Robert Dinning 1.7 million; Hassan Hassan one million; David Hamilton-Smith 500,000
Finders' fees: Canaccord Genuity Corp. receives $10,560 and 132,000 broker's warrants*; Macquarie Private Wealth Inc. (Toronto) receives $55,200 and 690,000 broker's warrants*; Roche Securities Ltd. receives $30,000 and 375,000 broker's warrants*; Macquarie Private Wealth Inc. (Vancouver) receives $960 and 12,000 broker's warrants*. * Each broker's warrant is exercisable into one common share of the company at a price of 16 cents per share for a period of 24 months from the date of issuance