Precipitate Gold private placement Precipitate Gold Corp (C:PRG)
Shares Issued 129,716,808
Last Close 2/4/2022 $0.125
Friday February 4 2022 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 7, 2021, and Dec. 20, 2021.
Number of shares:15.85 million flow-through shares and 6,604,333 non-flow-through shares Purchase price:10 cents per flow-through share and nine cent per non-flow-through share Warrants:11,227,166 share purchase warrants to purchase 11,227,166 shares Warrant exercise price:15 cents for a two-year period Number of placees:47 placeesInsiders:Jeffrey Wilson, 100,000 FT; Michael Moore, 100,000 FTTotal pro group involvement:800,000 (three placees) Finders' fees:IA Private Wealth Inc., $11,370 cash and 123,000 finder's warrants at the price of nine cents per share; Red Cloud Securities Inc., $24,500 cash and 245,000 finder's warrants at the price of 10 cents per share; Research Capital Corp., 175,000 finder's warrants at the price of 10 cents per share and 194,444 non-flow-through units; Canaccord Genuity Corp., $14,634 cash and 162,000 finder's warrants at the price of 15 cents per share; PI Financial Corp., $6,480 cash and 66,000 finder's warrants at the price of 10 cents per share (Each non-transferable finder's warrant is exercisable into one common share of the company for a two-year period. Each non-flow-through unit, at a price of nine cents, consists of one non-flow-through common share and one-half of a warrant, with each whole warrant exercisable at 15 cents per share for a two-year period.)