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Spanish Mountain Gold Ltd
Symbol SPA
Shares Issued 390,560,414
Close 2024-11-20 C$ 0.115
Market Cap C$ 44,914,448
Recent Sedar Documents

Spanish Mountain private placements

2024-11-20 20:07 ET - Private Placement

Financing type:  brokered private placement

Gross proceeds:  $7,499,945

Offering:  20,553,000 non-flow-through (NFT) listed shares with 20,553,000 warrants attached; 18,118,000 flow-through (FT) listed shares with 9,058,998 warrants attached; 9,585,000 charity flow-through (CFT) listed shares with 9,585,000 warrants attached

Offering price:  13.5 cents per NFT listed share; 15.5 cents per FT listed share; 20 cents per CFT listed share

Warrant exercise terms:  18 cents per NFT listed share for a two-year period; 23 cents per FT listed share for a two-year period; 18 cents per CFT listed share for a two-year period

Non-cash commission:  Red Cloud Securities Inc. (lead), 2,678,366 warrants

Commission terms:  Each non-transferable warrant is exercisable at 13.5 cents for a two-year period.

Financing type:  non-brokered private placement

Gross proceeds:  $800,000.01

Offering:  5,925,926 NFT listed shares with 5,925,926 warrants attached

Offering price:  13.5 cents per NFT listed share

Warrant exercise terms:  18 cents per listed share for a two-year period

Non-cash commissions:  177,777 finders' warrants

Commission terms:  Each non-transferable warrant is exercisable at 13.5 cents for a two-year period.

Public disclosure:  Refer to the company's news releases dated Oct. 22, 2024, Oct. 24, 2024, Oct. 31, 2024, Nov. 14, 2024, and Nov. 15, 2024.

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