Thursday, January 28, 2021 6:25:45 PM
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 22, 2020, and Jan. 7, 2021.
Number of shares:7.5 million shares Purchase price:10 cents per share Warrants:7.5 million share purchase warrants to purchase 7.5 million shares Warrant exercise price:15 cents for a one-year period Number of placees:29 placeesInsiders:Countryman Investments Ltd. (George Richardson), one million; The Howard Group (Grant Howard), 350,000Total pro group involvement:350,000 (two placees) Finders' fees:Mackie Research Capital Corp., $7,500 cash and 75,000 broker warrants payable; PI Financial Corp., $7,500 cash and 75,000 broker warrants payable; Canaccord Genuity Corp., $12,750 cash and 127,500 broker warrants payable (Each broker warrant is exercisable into one common share at 10 cents for one year from closing.)
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