RE:RE:RE:RE:RE:Still Alive ?I don't think so, now management has most of the shares issued. Also they did a PP at 15 cents and management took the majority of the PP.
Ahmed Said (CEO) takes 1,366,225 shares
Vast Exploration 11,413,359-share private placement
2013-12-16 16:45 PT - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 9, 2013.
Number of shares: 11,413,359 common shares
Purchase price: 15 cents per share
Number of placees: Eight placees
Insider participation: PI Financial Corp., ITF 2051580 Ontario Inc. -- 2.8 million shares; GMP Securities LP, ITF 400-J3HO-E (Ahmed Said) -- 1,366,225 shares
Finder's fee: 98,206 finder shares are payable to Haywood Securities Inc.
The company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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