just took a position in NFLD .58 Added more QEX.V at 1.16 patience
u guys be chasing my new gem this morning...lol just a tip follow da money idiots
Exploits Discovery arranges $4.1M placement with Sprott
2021-04-27 07:24 ET - News Release
Mr. Michael Collins reports
EXPLOITS DISCOVERY ANNOUNCES $4.1 MILLION INVESTMENT BY STRATEGIC INVESTOR ERIC SPROTT
Exploits Discovery Corp. has arranged a non-brokered private placement of $4.1-million consisting of 8.2 million units at a price of 50 cents per unit.
The entire Private Placement is being fully subscribed and invested into by Mr. Eric Sprott. Upon completion of the financing, Eric Sprott will hold 9.81% on a non-diluted basis and 14.45% on a fully diluted basis.
Michael Collins, President, CEO & Director stated "I am pleased to welcome Mr. Sprott as a shareholder of Exploits Discovery Corp. Mr. Sprott's participation is a validation of our land, team and exploration strategy. This funding will allow us to expand and aggressively chase both our current drill targets, and the development of new targets on the 200+ km of deep seated gold bearing structures on our Exploits Subzone claims."
Each Unit consists of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.67 for a period of 24 months immediately following the closing date of the Private Placement.
A finder's fee of 3% of the gross proceeds of the Private Placement, will be paid to Raymond James Ltd. who are an arms-length finder and is payable in cash.
The proceeds from the Units will be used for exploration on the Company's properties, acquisition of additional properties, marketing and general working capital.