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Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. engaged The Company is engaged in the acquisition, exploration and development of mineral properties. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city of Williams Lake. The Company does not generate any revenue. The Company's wholly owned subsidiary is Wildrose Resources Ltd. (Wildrose).


TSXV:SPA - Post by User

Bullboard Posts
Comment by Earlyone_1on Jul 29, 2020 8:48am
115 Views
Post# 31335719

RE:Another PP.....

RE:Another PP.....An insider will acquire the Units in the Offering. Such participation constitutes a "related party transaction" as defined under Multilateral Instrument 61101 ("MI 61101"). The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61101 as neither the fair market value of any securities issued to nor the consideration paid by such persons will exceed 25% of the Company's market capitalization.
Bullboard Posts