Canada Energy Closes Private Placement Canada Energy Partners private placement
2022-02-02 14:12 MT - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 6, 2022.
Number of shares: 5,052,500 shares
Purchase price: eight cents per share
Warrants: 5,052,500 share purchase warrants to purchase 5,052,500 shares
Warrant exercise price: 12 cents for a one-year period
Number of placees: 14 placees
Pro groups: 260,000, one placee
Finders' fees: $3,600 and 45,000 finders' warrants payable to National Bank Financial Inc. $24,736 and 309,200 finders' warrants payable to PI Financial Inc.
Each finder's warrant entitles the holder to acquire one common share at 12 cents for a one-year period.
Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company has issued a news release announcing the closing of the private placement on Jan. 31, 2022, and setting out the expiry dates of the hold period(s).