The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 9, 2018.
Number of shares: 21,451,769 shares
Purchase price: 11 cents per share
Warrants: 21,451,769 share purchase warrants to purchase 21,451,769 shares
Warrant exercise price: 16 cents for a two-year period
Number of placees: 66 placees
Insider: Chancery Asset Mgmt. Pte. Ltd. (Thomas Puppendahl), 325,454
Total pro group involvement: 200,000 (two placees)
Finders' fees: an aggregate of $56,438 in cash and 320,671 finders' warrants payable to Haywood Securities Inc., Foster & Associates Financial Services Inc., Wellington-Altus Private Wealth Inc., Leede Jones Gable Inc. and Echelon Wealth Partners Inc. (Each finder's warrant entitles the holder to acquire one common share at 16 cents for a two-year period.)
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