The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 2, 2019.
Number of shares: 2.2 million shares
Purchase price: 22 cents per share
Warrants: 1.1 million share purchase warrants to purchase 1.1 million shares
Warrant initial exercise price: 40 cents
Warrant term to expiry: 18 months
Number of placees: 27 placees
Insider: Michael Gunning, 250,000
Finders' fees: Canaccord Genuity Corp., $2,547.60 cash; AlphaNorth Asset Management, $4,784.78 cash
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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