RE:RE:RE:RE:RE:entering a buy zone... N/R just out....and this is most likely why the move, hope u all grabbed when I mentioned buy zone:).....
CKR Carbon closes $1.76-million private placement
2017-03-29 14:57 ET - News Release
Dr. Roger Moss reports
CKR CLOSES $1,764,050 BROKERED PRIVATE PLACEMENT FINANCING
CKR Carbon Corp. has closed its brokered financing announced on March 23, 2017, and raised $1,764,050. First Republic Capital Corp. acted as its exclusive lead agent in respect of the private placement.
The company placed 15,045,000 units ("Units") at a price of CAD$0.09 per Unit for proceeds of CAD$1,354,050 and 4,100,000 flow through shares (``Flow-Through Shares``) at a price of CAD $0.10 for flow-through proceeds of CAD$410,000.
Each Unit is comprised of: (i) one common share of the Company (a "Share"); and (ii) one common share purchase warrant of the Company, with each common share purchase warrant (a "Warrant") entitling the holder to purchase one additional common share of the Company at an exercise price of CAD$0.20 for a period of three (3) years from the date of issuance of the Units (the "Warrant Expiry Date"). In the event that the closing price of the Company's common shares on the TSX Venture Exchange (or such other exchange on which the Company's common shares may become traded) is CAD$0.30 or greater per common share during any 10 consecutive trading day period at any time subsequent to four months and one day after the closing date, the Warrants will expire, at the sole discretion of the Company, at 4:00 p.m. (Toronto time) on the 30th day after the date on which the Company provides notice of such accelerated expiry to the holders of the Warrants and First Republic.
The Company paid First Republic and other eligible finders cash compensation of $176,405 and issued 1,504,500 Broker Warrants in relation to the sale of Units and 410,000 Broker Options in relation to the sale of FT Shares.