The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Jan. 19, 2023, and Feb. 22, 2023.
Number of shares: 20 million common shares
Purchase price: five cents per common share
Warrants: 20 million share purchase warrants to purchase 20 million shares
Warrant exercise price: 6.5 cents for a five-year period
Number of placees: 14 placees
Total existing insider involvement: 3.2 million (three insiders)
The company issued a news release on April 6, 2023, confirming the closing of the private placement.
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