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Friday, January 06, 2023 10:05:11 AM
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 5, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 22, 2022.
Number of Shares:
5,600,000 common shares
Purchase Price:
$0.05 per common share
Warrants:
5,600,000 share purchase warrants to purchase 5,600,000 shares
Warrant Exercise Price:
$0.08 for a two-year period, subject to an accelerated expiry
Number of Placees:
12 placees
Insider / Pro Group Participation:
Aggregate Existing Insider Involvement: 2
1,200,000
Aggregate Pro Group Involvement:1
500,000
The Company issued a news release on December 30, 2022 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
Disclaimer:
I call them the way I see them, if you disagree then the truth is hidden somewhere, and the truth will never be hidden for very long.
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