MGX Minerals Inc (MGXMF)

[drobx]

Do you know if any of this is included in that 77 million number?

https://zinc8energy.com/investors/press-releases/2020/47-zinc8-energy-solutions-announces-closing-of-private-placement

Zinc8 Energy Solutions Announces Closing of Private Placement
VANCOUVER, BC / February 10, 2020 / MGX Renewables Inc., DBA Zinc8 Energy Solutions (the "Company") (CSE:MGXR )(FSE:0E9) (OTCPINK:MGXRF) is pleased to announce that it has completed its previously announced non-brokered private placement (the "Private Placement"), as described in its News Release dated January 21, 2020, pursuant to which it has issued an aggregate of 27,879,513 units (each, a "Unit") at a price of $0.11 per Unit for gross proceeds of $3,066,746.43.

Each Unit consists of one (1) common share and one non-transferable share purchase warrant (each a "Warrant"). The Warrants are exercisable for a period of two (2) years at a price of $0.155 in the first year from the date of issuance and at a price of $0.40 for the balance of the term.

The Company paid finder's fees of $186,893 and issued 632,887 share purchase warrants to certain finders in connection with the Private Placement.

All securities issued in respect of the Private Placement will be subject to a hold period of four (4) months and a day from closing of the Private Placement in accordance with securities laws.

The proceeds of the Private Placement will be used for general working capital.