Integra Strategic Investment in Eastmain Resources Inc. Apr 08, 2016
Integra Gold Corp. Announces Strategic Investment in Eastmain Resources Inc.
0.63 | 79.0 | 0.62 | +0.09 | 17.0 | 1,821.5 |
Up from .35,, Integra creating share holder value,,, hope Integra ups the anty to 15% before ER becomes to expesive !
Apr 08, 2016
Integra Gold Corp. Announces Strategic Investment in Eastmain Resources Inc.
Integra has agreed to purchase 3.1 million flow-through common shares at $0.50 each for gross proceeds of $1,550,000 and 12.8 million units (the "Units") at $0.35 each for gross proceeds of $4,480,000. Each Unit will consist of one common share and one-half of one share purchase warrant. Each whole share purchase warrant will entitle the holder to acquire an additional common share at a price of $0.50 for a period of 30 months from closing of the Private Placements. Integra has the option of cancelling its subscription for flow-through common shares and increasing its subscription for Units to 14,950,000 Units.
As a result of the Private Placement, Integra will hold approximately 9.9% of Eastmain's issued and outstanding common shares (the "Common Shares") on an undiluted basis.
the right to participate in future equity offerings by Eastmain. In any such offering, Integra, at its own discretion, will be entitled to either maintain its percentage ownership prior to such offering or subscribe for securities to increase its holdings to up to a maximum of 15.0% of Eastmain's issued and outstanding Common Shares (the "Participation Right");
T:ER - EASTMAIN RES J - https://www.eastmain.com | 14:01:08 EDT |
ER - T | 16.0 | 0.62 · 0.63 | 79.0 | 0.62 | +0.09 | 17.0 | 1,821.5 | 1,061 | 358 | 0.54 0.62 0.54 | 0.56 0.28 | 13:54:21 | May 11 | realtime |
TSX - T | 16.0 | 0.62 · 0.63 | 79.0 | 0.62 | +0.09 | 17.0 | 1,444.3 | 838 | 212 | 0.54 0.62 0.54 | 0.56 0.28 | 13:54:21 | | realtime |
Alpha - A | | 0.61 | +0.08 | 15.1 | 84.5 | 49 | 19 | 0.55 0.61 0.54 | | 13:30:15 | | 15 min |
Chi-X - X | | 0.61 | +0.08 | 15.1 | 18.5 | 11 | 17 | 0.54 0.61 0.54 | | 13:37:48 | | 15 min |
CX2 - H | | 0.60 | +0.07 | 13.2 | 9.0 | 5 | 10 | 0.55 0.60 0.55 | | 13:29:49 | | 15 min |
Omega - O | | 0.61 | +0.08 | 15.1 | 101.0 | 60 | 25 | 0.55 0.61 0.54 | | 13:30:24 | | 15 min |
TriAct - M | | 0.53 | | | 70.2 | 42 | 46 | | | 13:37:31 | | 15 min |
Aequitas - U | | 0.62 | +0.09 | 17.0 | 94.0 | 56 | 29 | 0.55 0.62 0.55 | | 13:41:03 | | 15 min |