TSXV approval POET TECHNOLOGIES INC. ("PTK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 6, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 18, 2022:
Number of Shares: 1,126,635 common shares
Purchase Price: CDN$3.81 or US$2.78 per share
Warrants: 563,317 share purchase warrants to purchase 563,317 shares
Warrant Exercise Price: CDN$4.95 or US$3.61 for a period of three (3)-years following the closing date
Number of Placees: 24 placees
Insider / Pro Group Participation: | | |
| | |
Placees | # of Placee (s) | Aggregate # of Shares |
| | |
Aggregate Existing Insider Involvement: | 1 | 10,000 |
Aggregate Pro Group Involvement: | N/A | N/A |
| Aggregate Cash Amount | Aggregate # of Shares | Aggregate # of Warrants |
Finder's Fee: | CDN$57,897.35 | N/A | N/A |
The Company issued a news release on December 02, 2022, confirming closing of the private placement. 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.