RE:RE:RE:RE:RE:Exciting weeksKozT Maybe! It is hard to say as on one hand they title it a non-broker in the headline of the first tranche, however, in the original news release that is not the case. Additionally, it talks about broker warrants and fees.
VANCOUVER – TheNewswire - December 2, 2021 - Providence Gold Mining Inc. (“Providence” or the “Company”) (TSXV:PHD) (OTC:PRRVF) The Company is pleased to announce plans to drill up to 4,000 meters (13,000+ ft) on its potentially significant gold targets.
The drilling is subject to a unit financing of up to $1.3m CAD. The unit will consist of one common share at a price of $0.07 CAD with one warrant exercisable at a price of $0.15 for a period of one year from the date of closing. Commissions may be paid in the amount of 7% cash CAD and 7% brokers warrant exercisable at a price of $0.15 for a period of one year from the date of closing, subject to regulatory approval.