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Financing type: non-brokered private placement
Gross proceeds: $123,000
Offering: 1.23 million units with 1.23 million warrants attached
Offering price: 10 cents per unit
Warrant exercise terms: 15 cents per listed share for a two-year period
Commissions in securities: 14,000 finders' warrants
Commission terms: Each non-transferable warrant is exercisable at 15 cents for a two-year period.
Disclosure: Refer to the company's news releases dated Nov. 20, 2024, Jan. 3, 2025, and Feb. 6, 2025.
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