TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Dec. 21, 2021 /CNW/ - TSX VENTURE COMPANIES
FAIRPLAY VENTURES INC. ("FPY.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
The Capital Pool Company's (the "Company") Prospectus dated October 22, 2021, has been filed with and accepted by TSX Venture Exchange and the Ontario, British Columbia and Alberta Securities Commissions effective October 27, 2021, under the provisions of the respective Securities Acts. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective dates stated below.
The gross proceeds to be received by the Company for the Offering are $500,000 (5,000,000 common shares at $0.10 per share).
Listing Date: |
At the close of business (5:01 p.m. EST) on December 22, 2021. |
Commence Date: |
The common shares will commence trading on TSX Venture Exchange at the opening Thursday, December 23, 2021, upon confirmation of closing. |
The closing of the public offering is scheduled to occur before the market opening on December 23, 2021. A further notice will be issued upon receipt of closing confirmation.
Corporate Jurisdiction: |
Ontario |
Capitalization: |
Unlimited common shares with no par value of which 8,500,000 common shares are issued and outstanding |
Escrowed Shares: |
3,500,000 common shares and 850,000 options. |
Transfer Agent: |
Computershare Investor Services Inc. – Calgary and Toronto |
Trading Symbol: |
FPY.P |
CUSIP Number: |
30556L108 |
Agent: |
Echelon Wealth Partners Inc. |
Agent's Options: |
500,000 options to purchase one share at $0.10 for a period of 60 months from the listing date. |
For further information, please refer to the Company's prospectus dated October 22, 2021.
Company Contact: |
Nicholas Meyer, Chief Executive Officer, Corporate Secretary |
Company Address: |
10 Four Seasons Place, Suite 401 |
Toronto, Ontario |
|
M9B 6H7 |
|
Company Phone Number: |
(905) 483-0561 |
Company Fax Number: |
1 (866) 245-3454 |
Company email: |
|
Seeking QT primarily in these sectors: |
N/A |
______________________________________
LABRADOR TECHNOLOGIES INC. ("LTX")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at the opening, Thursday, December 23, 2021, the securities of Labrador Technologies Inc. (the "Company") will resume trading. Further to the Exchange Bulletin dated June 29, 2020, a news release was issued on July 16, 2021, announcing that the Company will not be proceeding with its proposed transaction. The transaction contemplated would have constituted a Reverse Takeover as defined under Exchange Policy 5.2.
________________________________________
OREZONE GOLD CORPORATION ("ORE") ("ORE.WT")
BULLETIN TYPE: Graduation
BULLETIN DATE: December 21, 2021
TSX Venture Tier 1 Company
TSX Venture Exchange has been advised that the Company's shares and warrants will be listed and commence trading on Toronto Stock Exchange at the opening on Thursday, December 23, 2021, under the symbol "ORE" and "ORE.WT" respectively.
As a result of this Graduation, there will be no further trading under the symbols "ORE" and "ORE.WT" on TSX Venture Exchange after December 22, 2021, and its shares and warrants will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
________________________________________
RUPERT'S CROSSING CAPITAL INC. ("RUCC.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
This Capital Pool Company's ("CPC") Prospectus dated September 28, 2021 has been filed with and accepted by TSX Venture Exchange and the Alberta and British Columbia Securities Commissions, effective September 29, 2021, pursuant to the provisions of the Alberta and British Columbia Securities Acts. The Common Shares of the Company will be listed and immediately halted on TSX Venture Exchange on the effective date stated below.
The Company intends to complete its initial distribution of securities to the public. The gross proceeds to be received by the Company for the Offering will be $200,000 (2,000,000 common shares at $0.10 per share).
Commence Date: |
At the opening on Thursday, December 23, 2021, the Common shares will be listed and IMMEDIATELY HALTED on TSX Venture Exchange pending receipt and review of acceptable documentation regarding the Capital Pool Company listing pursuant to Exchange Policy 2.4. |
Corporate Jurisdiction: |
Alberta |
Capitalization: |
Unlimited common shares with no par value of which |
5,000,000 common shares are issued and outstanding |
|
Escrowed Shares: |
3,000,000 common shares |
Transfer Agent: |
Odyssey Trust Company |
Trading Symbol: |
RUCC.P |
CUSIP Number: |
78165Y 10 2 |
Sponsoring Member: |
Leede Jones Gable Inc. |
Agent's Options: |
200,000 non-transferable stock options. One option to purchase one share at $0.10 per share up to 30 months from the date of listing. |
For further information, please refer to the Company's Prospectus dated September 28, 2021.
Company Contact: |
Jason D'Silva, CEO, CFO, Director |
Company Address: |
1250, 639 – 5th Avenue SW, Calgary, Alberta T2P 0M9 |
Company Phone Number: |
1-403-777-1188 |
Company Email Address: |
________________________________________
21/12/21 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
AXIS AUTO FINANCE INC. ("AXIS")
BULLETIN TYPE: Private Placement - Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 19, 2021:
Number of Shares: |
30,000,000 common shares |
Purchase Price: |
$0.50 per common shares |
Number of Placees: |
1 Placee |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases announcing the closing of the private placement dated November 12, 2021.
________________________________________
BEAR CREEK MINING CORPORATION ("BCM")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 21, 2021
TSX Venture Tier 1 Company
Effective at 6:30 a.m. PST, Dec. 21, 2021, shares of the Company resumed trading, an announcement having been made.
________________________________________
CINAPORT ACQUISITION CORP. III ("CAC.P")
BULLETIN TYPE: Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, Dec. 21, 2021, trading in the shares of the Company was halted at the request of the Company, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
CLARITAS PHARMACEUTICALS, INC. ("CLAS")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation an amended license agreement ("Amended Agreement") dated December 17, 2021 between Salzman Group, Inc., Salzman Group, Ltd. and Salzman Group Pty. Ltd. (collectively, the "Salzman Group") and the Company. Pursuant to the terms of the Amended Agreement, the Company will acquire the exclusive, worldwide license to develop and commercialize R-107 for the treatment of pulmonary diseases. In return for the exclusive license, the Company will provide Salzman Group with the following total consideration:
I. |
USD$12,300 in cash to Salzman Group Pty. and USD$287,700 in cash to Salzman Group Ltd.; and |
II. |
1,200,000 common shares at a deemed price of $0.80 per common share will be allocated to Salzman Group Pty. upon executing the Agreement. |
In accordance with the terms of the Agreement, the Company will provide Salzman Group with an aggregate of USD$19 Million in cash payments upon achieving certain milestones. Salzman Group will also further retain an 8% net sales royalty on all R-107 products sold for the treatment of pulmonary arterial hypertension throughout the term of the patent.
This transaction is considered a related party transaction as a result of Salzman Group being an insider of the Company.
For further information, please reference the Company's news releases dated April 14, 2021 and December 17, 2021.
________________________________________
FRONTIER LITHIUM INC. ("FL")
BULLETIN TYPE: Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 11:19 a.m. PST, Dec. 21, 2021, trading in the shares of the Company was halted Single Stock Circuit Breaker; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
FRONTIER LITHIUM INC. ("FL")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 11:24 a.m. PST, Dec. 21, 2021, shares of the Company resumed trading, an announcement having been made.
________________________________________
GUANAJUATO SILVER COMPANY LTD. ("GSVR")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 18, 2021, November 29, 2021 and December 6, 2021:
Number of Shares: |
17,304,306 shares |
Purchase Price: |
$0.55 per share |
Warrants: |
8,652,153 share purchase warrants to purchase 8,652,153 shares |
Warrant Exercise Price: |
$0.75 for a two-year period, subject to an acceleration right |
Number of Placees: |
79 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Endeavour Silver Corp |
Y |
5,750,000 |
Myrmikan SPV II, LLC (Daniel Oliver Jr.) |
Y |
2,675,400 |
Universal Solutions Inc. (Richard Silas) |
Y |
25,000 |
Hernan Dorado Smith |
Y |
10,000 |
Lisa Dea |
Y |
2,000 |
Aggregate Pro Group Involvement |
P |
396,000 |
4 placees |
||
Finders' Fees: |
BMO Nesbitt Burns Inc. – $1,870 cash. |
Each non-transferable agent's option is exercisable into one common share of the Company at a price of $0.75 per share for a two-year period, subject to an acceleration right. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued news releases on December 1, 2021 and December 8, 2021 announcing the closing of the private placement and setting out the expiry dates of the hold periods. 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.
________________________________________
HAMPTON FINANCIAL CORPORATION ("HFC") ("HFC.PR.A")
BULLETIN TYPE: Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 12:18 p.m. PST, Dec. 20, 2021, trading in the shares of the Company was halted at the request of the Company, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
HAMPTON FINANCIAL CORPORATION ("HFC") ("HFC.PR.A")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 5:00 a.m. PST, Dec. 21, 2021, shares of the Company resumed trading, an announcement having been made.
________________________________________
LEVELJUMP HEALTHCARE CORP. ("JUMP") ("JUMP.WT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 21, 2021
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pertaining to Share Purchase Agreements (the "Agreements"), between LevelJump Healthcare Corp. (the "Company") and shareholders of Real Time Medical Inc. ("RTM"). Pursuant to the Agreements, the Company will acquire a 2.3% minority equity interest in RTM in exchange for 1,178,625 common shares of the Company at a deemed price of $0.15 per share and 392,875 common share purchase warrants payable to shareholders of RTM. Each warrant entitles the holder to acquire one additional common share of the Company at a price of $0.35 per common share on or before December 31, 2023.
For further details, refer to the Company's news release dated December 17, 2021.
________________________________________
MACDONALD MINES EXPLORATION LTD. ("BMK")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 29, 2021 and November 10, 2021:
Number of Shares: |
19,647,797 flow-through common shares |
23,200,000 non-flow-through common shares |
|
Purchase Price: |
CDN$0.045 per flow-through common share |
CDN$0.04 per non-flow-through common share |
|
Warrants: |
21,423,899 share purchase warrants to purchase 21,423,899 shares |
Warrant Exercise Price: |
CDN$0.07 for a 24-month period |
Number of Placees: |
32 Placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Units |
Stuart Adair |
Y |
500,000 |
Aggregate Pro Group Involvement |
P |
200,000 |
[1 placee] |
||
Finder's Fee: |
An aggregate of CDN$122,752.07 in cash and 2,895,157 finder warrants payable to GloRes Securities Inc., Canaccord Genuity Corp., Sherbrooke Street Capital, First Republic Capital Corporation and Haywood Securities Inc. Each finder warrant entitles the holder to acquire one unit at CDN$0.05 for a 24-month period. |
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.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a new release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
MEDNOW INC. ("MNOW")
BULLETIN TYPE: Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 1:06 a.m. PST, Dec. 21, 2021, trading in the shares of the Company was halted at the request of the Company, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
MEDNOW INC. ("MNOW")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 6:30 a.m. PST, Dec. 21, 2021, shares of the Company resumed trading, an announcement having been made.
________________________________________
OMAI GOLD MINES CORP. ("OMG)
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to an exclusivity agreement dated July 13, 2020 (the "Exclusivity Agreement") and prospecting and license management agreement dated April 16, 2021 (together "the Agreements"), between Omai Gold Mines Corp. (the "Company") and a non-arm's length party: Guyana Sunrise Mining Inc. (the "Vendor"). Pursuant to the Agreements, the Company will acquire the prospecting and mining rights on the Eastern Flats property ("the Property"), a property located in the Potaro Mining District, Guyana.
Pursuant to the terms of the Agreements and as consideration for the Property, the Company: (i) issued 6,000,000 common shares to the Vendor at the time of signing of the Exclusivity Agreement in July 2020, and (ii) will pay USD$1.00 in cash to the Vendor.
For further details, please refer to the Company's Management Information Circular dated September 30, 2020 and audited financial statements ended December 31, 2020, available under the Company's SEDAR profile.
________________________________________
PALLADIUM ONE MINING INC. ("PDM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 3, 2021:
Number of Shares: |
15,000,000 flow-through shares |
Purchase Price: |
$0.29 per share |
Number of Placees: |
11 placees |
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
P |
155,173 |
[2 placees] |
||
Finder's Fee:
Desjardins Securities Inc. - $143,550 cash and 495,000 compensation warrants
Sprott Capital Partners LP - $91,350 cash and 315,000 compensation warrants
Echelon Wealth Partners Inc. - $26,100 cash and 90,000 compensation warrants
Each compensation warrant is non-transferable and exercisable into one common share at $0.29 per share for a two-year period from closing.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on December 16, 2021, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________
POWER METALS CORP. ("PWM")
BULLETIN TYPE: Halt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective at 7:24 a.m. PST, Dec.21, 2021, trading in the shares of the Company was halted at the request of the Company, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.
________________________________________
SKRR EXPLORATION INC. ("SKRR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 6, 2021:
Number of Shares: |
12,090,000 Flow-through common shares |
Purchase Price: |
$0.10 per share |
Warrants: |
6,045,000 share purchase warrants to purchase 6,045,000 shares |
Warrant Exercise Price: |
$0.14 for a two year period |
Number of Shares: |
4,375,895 Non Flow-through common shares |
Purchase Price: |
$0.085 per share |
Warrants: |
2,187,948 share purchase warrants to purchase 2,187,948 shares |
Warrant Exercise Price: |
$0.14 for a two year period |
Number of Placees: |
37 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Sherman Dahl |
Y |
250,000 |
Ross McElroy & Edge Geological Consulting Inc |
Y |
770,588 |
(Ross McElroy) |
||
Aggregate Pro Group Involvement |
P |
2,961,765 |
[5 placees] |
||
Finder's Fee: |
National Bank Financial Inc. $4,550 cash and 45,500 warrants payable. |
Canaccord Genuity Corp. $8,046.50 cash and 85,400 warrants payable. |
|
Red Cloud Securities Inc. $36,400 cash and 364,000 warrants payable. |
|
Research Capital Corporation $3,500 cash and 35,000 warrants payable. |
|
Haywood Securities Inc. $10,500 cash and 105,000 warrants payable. |
|
-each warrant is exercisable into one common share at $0.14 for two years from closing. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [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.]
________________________________________
SKYLIGHT HEALTH GROUP INC. ("SLHG")
BULLETIN TYPE: Miscellaneous
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
Effective December 2, 2021, the Company's Prospectus Supplement dated December 1, 2021 to the Amended and Restated Short Form Base Shelf Prospectus dated October 4, 2021, was filed with and accepted by TSX Venture Exchange (the "Exchange"). The Amended and Restated Short Form Base Shelf Prospectus was filed with and receipted by the Ontario Securities Commission on October 5, 2021. A receipt of the amended prospectus was deemed to be issued by British Columbia, Alberta and Manitoba Securities Commissions.
The Exchange has been advised that the closing occurred on December 6, 2021, for gross proceeds of US$5,775,000.
Offering: |
275,000 9.25% Series A Cumulative Redeemable Perpetual Preferred Shares (the "Series A Preferred Stock") |
Share Price: |
US$21 per share |
Maturity/Mandatory Redemption: |
None |
Optional Redemption: |
At the Company's option any time on or after December 3, 2024 |
Dividend: |
$2.3125 per annum (payable monthly) |
Underwriter(s): |
the Benchmark Company, LLC |
Underwriter(s) Commission: |
an aggregate of US$462,000 |
Over-Allotment Option: |
the Company has granted to the Underwriter an option to arrange for the sale of up to an additional 41,250 Series A Preferred Shares at any time up to 30 days after the closing of the offering. |
The Series A Preferred Stock will not be listed and admitted to trading on the TSX-V, but the Exchange has been advised that the Series A Preferred Stock will trade on the Nasdaq Capital Market under the symbol "SLHGP."
For further details, please refer to the Company's Prospectus Supplement dated December 1, 2021 (filed on SEDAR), and news releases dated December 2, 2021 and December 15, 2021.
________________________________________
THE LIMESTONE BOAT COMPANY LIMITED ("BOAT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on November 10, 2021:
Number of Shares: |
10,851,334 Common Shares |
Purchase Price: |
$0.24 per share |
Warrants: |
5,425,667 share purchase warrants to purchase 5,425,667 shares |
Warrant Exercise Price: |
$0.32 for a two-year period |
Number of Placees: |
22 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Charlies Pennock |
Y |
104,000 |
Aggregate Pro Group Involvement |
P |
2,118,168 |
[10 placees] |
||
Agent's Fee: |
Beacon Securities Limited Received a cash commission of $180,662.41 and 752,593 broker warrants. Each broker warrant entitles its holder to acquire one common share of the Company at a price of $0.24 for a 24–month period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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.
________________________________________
THERMA BRIGHT INC. ("THRM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 100,000 common share purchase warrants, with each warrant being exercisable into one common share of the Company at a price of CDN$0.39 over a two (2) year period, in connection with a consulting services agreement with an arm-length consultant.
Number of Creditors: |
1 Creditor |
Insider / Pro Group Participation: |
None |
The Company issued a press release dated December 16, 2021 in connection with that transaction.
_______________________________________
USHA RESOURCES LTD. ("USHA")
BULLETIN TYPE: Private Placement Non-Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 12, 2021, October 14, 2021 and November 12, 2021:
Number of Shares: |
3,414,335 shares |
Purchase Price: |
$0.30 per share |
Warrants: |
1,707,167 share purchase warrants to purchase 1,707,167 shares |
Warrant Exercise Price: |
$0.45 for a two-year period, subject to an acceleration right |
Number of Placees: |
44 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
Aggregate Pro Group Involvement |
P |
420,000 |
6 placees |
||
Finder's Fee: |
PI Financial Corp. – $29,771.01 cash and 99,237 finder's warrants. |
Each non-transferable finder warrant is exercisable into one common share of the Company at a price of $0.45 per share for a two-year period, subject to an acceleration right. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued news releases on November 12, 2021 and December 21, 2021 announcing the closing of the private placement and setting out the expiry dates of the hold periods. 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.
________________________________________
VALORE METALS CORP. ("VO")
BULLETIN TYPE: Private Placement Brokered
BULLETIN DATE: December 21, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 25, 2021 and October 26, 2021:
Number of Shares: |
18,333,333 charitable flow-through shares |
Purchase Price: |
$0.60 per charitable flow-through share |
Warrants: |
9,166,666 share purchase warrants to purchase 9,166,666 shares |
Warrant Exercise Price: |
$0.65 for a two-year period |
Number of Placees: |
37 placees |
Insider / Pro Group Participation:
Insider=Y / |
||
Name |
ProGroup=P |
# of Shares |
MMCAP International Inc. SPC |
||
(Mathew MacIsaac) |
Y |
10,349,000 |
Agent's Fee: |
Red Cloud Securities Inc. - $540,000 cash and 900,000 finder's warrants |
Finder's Fee: |
CIBC Wood Gundy – $51,600 cash |
Haywood Securities Inc. – $15,046.97 cash and 25,078 finder's warrants |
|
BMO Nesbitt Burns – $774 cash and 1,290 finder's warrants |
|
Sherman Dahl - $6,000 cash and 96,000 finder's warrants |
|
Each non-transferable finder's warrant is exercisable into one common share of the Company at a price of $0.60 per share for a two-year period. |
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news releases on November 17, 2021 and December 20, 2021 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
SOURCE TSX Venture Exchange
Market Information Services at 1-888-873-8392, or email: [email protected]
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