RE: Ex-Inco Property? Timely private placement. Just from this alone, an extra $60k day for Jon North. But he probably wasn't aware that they had these targets in their back pockets.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 21, 2012.
Number of shares: 2,642,500 non-flow-through shares and 2.36 million flow-through shares
Purchase price: 20 cents per non-flow-through share and 25 cents per flow-through share
Warrants: 2,501,250 share purchase warrants to purchase 2,501,250 shares
Warrant exercise price: 50 cents for a two-year period
Number of placees: 14 placees
Insiders: Mafic Planted Ltd. (Jon North), 50,000; Jon North, 75,000