Private Placement accepted Pacific Imperial 11-million-share private placement
Pacific Imperial Mines Inc (C:PPM)
Shares Issued 68,577,468
Last Close 4/4/2018 $0.055
Wednesday April 4 2018 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 27, 2018, and March 14, 2018.
Number of shares:11 million shares Purchase price:five cents per share Warrants:11 million share purchase warrants to purchase 11 million shares Warrant exercise price:7.5 cents for a two-year period, subject to an acceleration clause Number of placees:30 placeesInsiders:Chris McLeod, 400,000; Shklanka Holdings Ltd. (Roman Shklanka), 500,000Total pro group involvement:2.2 million (six placees) Finders' fees:Canaccord Genuity Corp., $28,000 cash and 560,000 finder's warrants payable; Leede Jones Gable Inc., $800 cash and 16,000 finder's warrants payable (Each finder's warrant is exercisable into one common share at 7.5 cents for two years from closing.)