RE:RE:Questions ?? https://www.globenewswire.com/news-release/2019/03/21/1758583/0/en/NexOptic-Appoints-Rich-Geruson-Former-Lexmark-CEO-to-Board-of-Directors.html
Subject to acceptance by the TSX-V (the Exchange), NexOptic intends to complete a non-brokered private placement of up to 9,100,000 units of NexOptic (the “Units”) at an issue price of CDN $0.55 per Unit, for gross proceeds of up to CDN $5,005,000 (the “Private Placement”). Each Unit comprises one common share in the capital of NexOptic (the “NexOptic Shares”) and one common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder to purchase one additional NexOptic Share at an exercise price of CDN $0.75 for a period of 24 months from the date of issuance of the Units.
The net proceeds from the Private Placement are intended to fund the continued advancement of the Company’s core projects and for general working capital. Finder’s fees may be payable on all or portions of the Private Placement, in accordance with the policies of the Exchange