DMG Blockchain 5,884,735-share private placement
2020-12-21 16:57 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 18, 2020.
Number of shares: 5,884,735 shares
Purchase price: 17 cents per share
Warrants: 5,884,735 share purchase warrants to purchase 5,884,735 shares
Warrant initial exercise price: 22 cents
Warrant term to expiry: two years
Number of placees: 41 placees
Total pro group involvement: 450,000 (four placees)
Finders' fees: Canaccord Genuity Corp., $57,521.63 cash and 338,363 warrants; Mackie Research Capital Corp., $1,593.75 cash and 9,375 warrants
Finder's warrant initial exercise price: 22 cents
Finder's warrant term to expiry: two years
Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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