22:40:23 EDT Mon 30 Jun 2025
Enter Symbol
or Name
USA
CA



Stamper Oil & Gas Corp (3)
Symbol STMP
Shares Issued 1,735,893
Close 2025-03-06 C$ 0.30
Market Cap C$ 520,768
Recent Sedar Documents

Stamper closes $1-million private placement

2025-03-08 00:27 ET - News Release

Mr. Bryson Goodwin reports

STAMPER CLOSES PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

Further to the news release dated Dec. 19, 2024, and Jan. 19, 2025, Stamper Oil & Gas Corp. has completed a non-brokered private placement of 8,888,888 units of the company at a price of 11.25 cents per unit for gross proceeds of approximately $1-million.

Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant entities the holder thereof to acquire one additional share at a price of 15 cents per warrant share for a period of 36 months from the closing date of the offering. The warrants issued under the offering contain an accelerated expiry clause. Pursuant to the acceleration clause, if the shares of the company close at or above 50 cents for 10 consecutive trading days on the TSX Venture Exchange, then the company may accelerate the expiry date of the warrants by issuing a news release announcing the accelerated warrant term, pursuant to which the warrants will expire on the 30th calendar day after the date of such news release.

The company intends to use the net proceeds for general working capital purposes.

In connection with the closing of the offering, the company issued 650,959 shares and 650,959 non-transferable common share purchase warrants to an eligible arm's-length finder. Each finder's warrant is exercisable into one common share at a price of 15 cents per finder's warrant share for a period of 36 months from the closing of the offering.

All securities issued in connection with the offering are subject to a statutory hold period in accordance with applicable Canadian securities laws.

About Stamper Oil & Gas Corp.

Stamper is an energy-commodity-focused resource company, seeking to acquire interests in mineral and/or oil and gas resource properties focused on energy creation, storage or delivery. The company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

We seek Safe Harbor.

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