RE:RE:RE:5 million shares crosstradingThe FT shares did not have warrants attached, also been in the money a long time:
The Company has allotted and issued 13,549,509 flow-through shares (the “FT Shares”) at a price of $0.22 per FT Share, 1,532,500 non-flow-through units (the “NFT Units”) at the price of $0.20 per NFT Unit and 555,555 non-flow-through shares (the “NFT Shares”) at the price of $0.18 per NFT Share. The total gross flow-through dollars raised is $2,980,891.98 and gross hard dollars is $406,499.90.
The NFT Units are comprised of one common share and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of up to two years at a price of $0.30.
In addition, the Company has paid finder’s fees of an aggregate $210,912.45 and 977,127 finder’s warrants to arm’s length third parties. Each finder’s warrant is exercisable by the holder to acquire one common share of the Company for a period of two years at a price of $0.20.