Bankers Cobalt Corp is a mineral exploration and development company focusing on the acquisition, development and enhancement of a portfolio of high quality cobalt properties and interests around the world. Bankers Cobalt Corp. announces the closing of its previously announced non-brokered private placement of units of the Corporation for gross proceeds of $1,310,000. In connection with the closing of the Financing, Bankers issued Units at a price of $0.12 per Unit with each Unit comprising of one common share in the capital of the Bankers and one-half one common share purchase warrant.
On January 25, 2018, the Company completed a non-brokered private placement, issuing 663,636 units at a price of CDN $0.55 per unit, for gross proceeds of CDN $365,000 (USD $296,194). Each unit was comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the Company at a price of CDN $0.70 for a period of three years from the date of issue. Share issuance costs of $15,262 were incurred in connection with the private placement. Vancouver, British Columbia May 30, 2018
Outstanding Warrants Exercise Price (CDN$) Expiry Date
112,675 1.00 April 9, 2019 88,000 1.00 April 30, 2019
3,070,000 0.30 July 11, 2019 361,900 1.00 July 18, 2019
5,323,330 0.50 August 3, 2019 394,400 0.25 August 3, 2019
3,695,327 0.50 August 11, 2019 128,719 0.25 August 11, 2019
300,000 1.00 September 9, 2019 19,700 1.00 November 4, 2019
217,000 1.00 November 9, 2019 18,733,750 0.60 December 11, 2019
3,300 1.00 December 23, 2019 58,000 1.00 December 24, 2019
5,500 1.00 February 28, 2020 150,200 1.00 April 18, 2020
4,615,000 0.10 April 28, 2020 103,750 1.00 May 5, 2020
50,000 1.00 August 14, 2020 663,636 0.70 January 25, 2021
2,661,000 0.15 December 12, 2021
Total 40,755,187
Outstanding Options Exercise Price (CDN$) Expiry Date
100,000 0.15 May 1, 2019 15,000 1.00 August 9, 2019
5,000 1.00 February 6, 2020 7,400,000 0.66 December 18, 2022
Total 7,520,000