The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 29, 2023.
Number of shares: 8.5 million shares
Purchase price: five cents per share
Warrants: 8.5 million share purchase warrants to purchase 8.5 million shares
Warrant exercise price: 7.5 cents for a two-year period
Number of placees: seven placees
Total existing insider involvement: two million (two insiders)
The company issued a news release on March 22, 2024, confirming the closing of the private placement.
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