FUELPOSITIVE CORPORATION ("NHHH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 9, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2021:
| Number of Shares: | 30,434,784 shares |
| | |
| Purchase Price: | $0.23 per share |
| | |
| Warrants: | 30,434,784 share purchase warrants to purchase 30,434,784 shares |
| | |
| Warrant Exercise Price: | $0.255 for a three year period |
| | |
| Number of Placees: | 4 placees |
| | |
| Finder's Fee: | $560,000, plus 2,434,783 finders warrants, each exercisable into one common
share for a period of 3 years at a price of $0.23 payable to H.C. Wainwright &
Co., LLC |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.