15:52:25 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



1844 Resources Inc
Symbol EFF
Shares Issued 69,519,258
Close 2022-12-08 C$ 0.03
Market Cap C$ 2,085,578
Recent Sedar Documents

1844 Resources 10,164,000-share prospectus offering

2022-12-08 20:45 ET - Prospectus Approved

Effective Aug. 26, 2022, the company's final short form prospectus dated Aug. 26, 2022, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the Saskatchewan and Ontario securities commissions, pursuant to the provisions of the Securities Act. Under Multilateral Instrument 11-102, Passport System, the prospectus is deemed to have been filed with and receipted by each of the Alberta, British Columbia and Quebec securities commissions.

The exchange has been advised that closing occurred on Nov. 23, 2022, for aggregate gross proceeds of $508,200.

Agent:  Leede Jones Gable Inc., sole agent and bookrunner

Offering:  10,164,000 common shares

Share price:  five cents per common share

Agent's commission:  an aggregate of $40,565 in cash, $25,000 as corporate finance fee and 813,120 non-transferrable broker warrants (Each broker warrant entitles the holder to acquire one common share at five cents for a period of 36 months.)

Overallotment option:  The company granted the agent an option to purchase additional common shares at the offering price for a maximum number equal to 15 per cent of the offering for a period of 30 days from the closing date of the offering.

For further details, please refer to the company's short form prospectus dated Aug. 26, 2022, and news releases dated May 4, 2022, July 21, 2022, Nov. 23, 2022, and Nov. 24, 2022.

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