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Bayhorse Silver Inc V.BHS

Alternate Symbol(s):  BHSIF

Bayhorse Silver Inc. is a junior natural resource company, which is engaged in the acquisition, exploration and development of natural resource properties. The Company has a 100% interest in the Bayhorse Silver Mine, Oregon United States of America. The Bayhorse Silver Mine and the Pegasus Project are 44 kilometers (km) southwest of Hercules Metals’ porphyry copper discovery. The Company also has an option to acquire an 80% interest in the Brandywine Property located in British Columbia, Canada. The Brandywine Property is located near Squamish, British Columbia.


TSXV:BHS - Post by User

Post by stoneybuon Oct 23, 2021 10:04am
190 Views
Post# 34040546

PP filing completed - let's get on with it then

PP filing completed - let's get on with it then

Bayhorse Silver 16.5-million-share private placement

2021-10-22 16:13 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 3, 2021.

Number of shares:  16.5 million shares

Purchase price:  13.5 cents per share

Warrants:  16.5 million share purchase warrants to purchase 16.5 million shares

Warrant exercise price:  22.5 cents for a two-year period

Number of placees:  14 placees

Insider:   Graeme O'Neill, 6,032,075

Finders' fees:  Canaccord Genuity Corp. -- $236.25 cash and 1,750 finders' warrants; StephenAvenue Securities Inc. -- $1890.00 cash and 14,000 finders' warrants

Each non-transferable finder warrant is exercisable into one common share of the company at a price of 22.5 cents per share for a two-year period.

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued news releases on Sept. 16, 2021, and Oct. 19, 2021, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

© 2021 Canjex Publishing Ltd. All rights reserved.

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