Rye Patch Gold to list on TSX-V July 23
2007-07-20 14:31 MT - New Listing
The company's initial public offering (IPO) prospectus dated June 21, 2007, has been filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario securities commissions on June 22, 2007, pursuant to the provisions of the B.C., Alberta and Ontario securities acts.
The gross proceeds received by the company for the offering were $5-million (10 million units at 50 cents per unit, each unit consisting of one common share and one-half of one common share purchase warrant). The company is classified as a metal ore mining company.
Commence date: At the opening July 23, 2007, the common shares and warrants will commence trading on the TSX Venture Exchange.
Corporate jurisdiction: British Columbia
Capitalization: Unlimited common shares with no par value of which 25,848,617 common shares are issued and outstanding
Escrowed shares: 3.25 million common shares subject to NP No. 46-201 escrow and 2,875,000 common shares subject to Tier 2 value security escrow.
Transfer agent: Pacific Corporate Trust Company
Trading symbol: RPM
Cusip No.: 783727 10 0
Agent: PI Financial Corp. (formerly Pacific International Securities Inc.)
Agent's warrants: 900,000 non-transferable share purchase warrants. One warrant to purchase one share at 50 cents per share up to July 19, 2009. Capitalization on warrants: 5,281,375 share purchase warrants issued. Each whole share purchase warrant exercisable to purchase one additional common share at 75 cents per share to July 19, 2009.
Warrant trading symbol: RPM.WT
Warrant Cusip No.: 783727 11 8
For further information, please refer to the company's prospectus dated June 21, 2007.
