Be aware of hold period for 8,3 million stocks ends tuesday
The Company today closed 8,333,333 Units at $0.06 per Unit for gross proceeds of $500,000. Each Unit consists of one share and one share purchase warrant. Each full warrant is exercisable at Cdn. $0.07 for one year up to August 30, 2018 and at Cdn. $0.08 for up to 2 years thereafter, expiring August 30, 2020. The securities issued have a hold period expiring 4 months plus one day after issuance, being December 31, 2017