RE:RE:RE:RE:RE:RE:FlipphonecaponeOk. We are talking about two different events here. I am talking about the 11mm cheap shares minus the Directors' that hit the market last week...
Item 8.01 Other Events On May 20, 2019, the Company issued a news release announcing it has closed its previously announced private placement offering with M Partners Inc., as lead agent, together with a syndicate of agents including PI Financial Corp. for 11,780,904 Units of the Company at a price of CAD$1.25 per Unit for gross proceeds of CAD$14,726,130.
On May 17, 2019, our directors and executive officers entered into lock up agreements (each, a “Lock Up Agreement”) with the Agents restricting the ability of such directors and executive officers to sell or otherwise transfer their equity securities in the Company for a period of 120 days without the prior written consent of M Partners Inc.