2022-11-28 19:51 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 28, 2022.
Number of shares: 5,000,840 shares
Purchase price: five cents per share
Warrants: 5,000,840 share purchase warrants to purchase 5,000,840 shares
Warrant exercise price: seven cents for a one-year period
Number of placees: 11 placees
Total existing insider involvement: 2.8 million (five placees)
Total pro group involvement: one million (two placees)
Finder's fee: not applicable
The company issued a news release on Nov. 25, 2022, confirming the closing of the private placement.
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