13:08:25 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Element 29 Resources Inc
Symbol ECU
Shares Issued 87,203,360
Close 2023-09-20 C$ 0.16
Market Cap C$ 13,952,538
Recent Sedar Documents

Element 29 19,045,253-share private placement

2023-09-20 18:33 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 31, 2023, and Sept. 7, 2023.

Number of shares:  19,045,253 shares

Purchase price:  15 cents per share

Warrants:  19,045,253 share purchase warrants to purchase 19,045,253 shares

Warrant exercise price:  25 cents for a two-year period

Number of placees:  74 placees

Total existing insider involvement:  1.12 million (four insiders)

Total pro group involvement:  2,665,000 (10 pro groups)

Finder's fee:  $144,007.29

The company issued a news release on Sept. 13, 2023, confirming the 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.

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