PP finally approved... :)
2016-11-25 16:27 ET - Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Sept. 30, 2016. Number of shares: five million shares Purchase price: 20 cents per share Warrants: 2.5 million share purchase warrants to purchase 2.5 million shares Warrant exercise price: 30 cents for a two-year period, subject to an acceleration clause Number of placees: 28 placees Insiders: Michael Bigger, custodian for Mathias Bigger, 250,000 shares; Steve Levely, 942,500 shares Aggregate pro group involvement: 150,000 shares (two placees) Finders' fees: Raymond James Ltd., $3,360 cash and 16,800 warrants payable; Canaccord Genuity Corp., $11,580 cash and 50,400 warrants payable; each warrant is exercisable into one common share at 30 cents for a two-year period, subject to an acceleration clause Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly. Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term. 2016 Canjex Publishing Ltd. All rights reserved.