Gungnir Resources Inc V.GUG

Gungnir Resources 5,964,000-share private placement at 0.05¢

[Traderstock101]

2021-09-13 19:09 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 4, 2021.

 

Number of shares:  5,964,000 shares

Purchase price:  five cents per share

Warrants:  5,964,000 share purchase warrants to purchase 5,964,000 shares

Warrant exercise price:  eight cents for a two-year period (The warrants are subject to accelerated expiry.)

Number of placees:  13 placees

Insiders:  Chris Robbins, 500,000; Jari Paakki, 300,000; Todd Keast, 150,000; Garrett MacDonald, 500,000

Finder's fee:  Research Capital Corp., $1,600 cash and 32,000 finder's warrants (Each finder's warrant is exercisable at a price of five cents to acquire one common share for a two-year period.)

[martindale]

Ohh please.. how convenient that you left out the FOUR month Hold and the acceleration clause if the stock stays above .20 for 20 days... and the fact that it is all More Money for the company to drill with.. Keep trying! These shares and warrants will not reach market until JANUARY! GLTA That Deserve It!

[CLOUDER]

cool,  more money to drill. this deposit is shallow,a lot more holes means a bigger resource, bigger share price.

[Goldy63]

Yup 30 to 60 meters means open pit Clouder . Voisy bay sold for 4 Billion $ and change . This is just starting . Bring on those 4 assays and yup 8 more holes being drilled . Love it . More the crumblords sell more shares get held by the longs and yup the float is in great shape. TGIF.Cheers .