Novo closes $5.6M Financing Novo Resources 6,563,694-share private placement
2016-08-10 16:45 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 21, 2016, July 26, 2016, and Aug. 8, 2016.
Number of shares: 6,563,694 shares
Purchase price: 85 cents per share
Warrants: 6,563,694 share purchase warrants to purchase 6,563,694 shares
Warrant exercise price: $1.25 for a two-year period
Number of placees: 42 placees
Total pro group involvement: 24,000 (one placee)
Finders' fees: $21,250 payable to Blackswan B.V. and 25,000 warrants payable to Peter Vermeulen; $14,019.48 plus 16,493 warrants payable to Carter Terry & Company; $10,625 plus 12,500 warrants payable to PI Financial Corp.; $850 plus 1,000 warrants payable to Canaccord Genuity Corp.
[url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNVO-2396828&symbol=NVO®ion=C]Click here for the news release[/url]