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GSP Resource Corp V.GSPR

Alternate Symbol(s):  GSRCF

GSP Resource Corp. is a Canada-based mineral exploration and development company focused on projects located in Southwestern British Columbia. The Company has an option to acquire a 100% interest and title to the Alwin Mine Copper-Gold-Silver Property in the Kamloops Mining Division, as well as an option to acquire 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division, of which it has granted an option to earn a 60% interest to a third party. The Alwin Mine Copper-Silver-Gold property is approximately 575 hectares (ha) adjacent to the Valley Pit (Highland Valley Mine), Logan Lake, British Columbia. The Olivine Mountain Project is approximately 3021.87-ha, which is located in the Interior Plateau area of South-Central British Columbia, about 25 kilometers northwest of Princeton, near producing mines. The Olivine Mountain property covers part of the Tulameen Ultramafic Complex.


TSXV:GSPR - Post by User

Post by TELEMARKERon Nov 21, 2020 4:39pm
783 Views
Post# 31947569

news

news

GSP Resource 1,375,000-share private placement

2020-11-18 18:29 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 17, 2020.

Number of shares:  1,375,000 flow-through shares

Purchase price:  40 cents per flow-through share

Warrants:  687,500 share purchase warrants to purchase 687,500 shares

Warrant exercise price:  50 cents for a two-year period

Number of placees:  three placees

Finders' fees:  PI Financial Corp., $21,000 cash and 52,500 broker warrants; Leede Jones Gable Inc., $8,750 cash and 43,750 broker warrants (Each non-transferable broker warrant is exercisable into one common share at a price of 50 cents for a two-year period.)

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