The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 28, 2016.
Number of shares: 2,105,000 shares
Purchase price: seven cents per share
Warrants: 1,052,500 share purchase warrants to purchase 1,052,500 shares
Warrant exercise price: 17 cents for a two-year period
Number of placees: seven placees
Finder’s fee: $1,344 payable to Mackie Research Capital
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.
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