Followers | 19 |
Posts | 1607 |
Boards Moderated | 0 |
Alias Born | 08/26/2013 |
Monday, August 29, 2016 6:13:04 AM
Each FT Unit shall consist of one flow-through common share and one
share purchase warrant exercisable for 36 months at $0.075. In addition, the Company will offer 6,250,000 units of
the Company (the “Units”) at a price of $0.04 per Unit, each Unit shall consist of one common share of the
Company and one share purchase warrant exercisable for a period of 18 months from closing at an exercise price of
$0.05.
The funds raised from the issuance of the FT Units shall be used for general exploration and/or development
expenditures which will qualify as expenses under paragraph 66 (12.66) (b) of the Income Tax Act (Canada) on the
Company’s property located in Quebec. The proceeds of the Unit financing will primarily be used to repay
outstanding loans and working capital.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM