Lomiko Metals 5.89-Million-Share Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a non-brokered private placement announced Sept. 27, 2018.
Number of shares: 5.89 million shares
Purchase price: five cents per share
Warrants: 5.89 million share purchase warrants to purchase 5.89 million shares
Warrant exercise price: 10 cents for a two-year period; 10 cents in the second year
Number of placees: nine placees
Pro groups: Nolan Jaret Forman, 200,000; David Hamilton-Smith, 100,000
Total pro group involvement: two placees
Finder's fee: $2,100 cash and 42,000 warrants with an exercise price of six cents for a two-year period, payable to Hampton Securities Ltd.
© 2018 Canjex Publishing Ltd. All rights reserved.
Click here to read the original article.