TSX accepte the financing Afri-Can Marine 4,896,600-share private placement
2012-08-29 19:06 ET - Private Placement
The TSX Venture Exchange has accepted for filing the documentation with respect to a non-brokered private placement.
Number of shares: 4,896,600 common shares
Purchase price: 16 cents per common share
Warrants: 4,896,600 warrants to purchase 4,896,600 common shares
Warrant exercise price: 20 cents per share for a 36-month period
Number of placees: 42 placees
Pro groups: Daryl Hodges, 125,000; Angelo Comi, 25,000; John Comi, 50,000; Anthony Cami, 50,000; Christine Cappuccitti, 50,000
Finder: Jennings Capital Inc.
Finder's fee: $34,838.40 in cash and 217,740 non-transferable warrants to purchase 217,740 common shares at an exercise price of 20 cents per share for a 36-month period