The Private Placement is subject to final TSX Venture Exchange approval and all securities issued are subject to a four-month-and-one-day hold period. The Company intends to use the proceeds from this Private Placement for exploration and upcoming drilling programs. Each Finder's Warrant is exercisable into one common share for a period of up to three (3) years at a price of CAD $0.48. In addition, the Company has paid finder's fees of $50,016 and issued 104,200 finder's warrants (the "Finder's Warrants") to an arm's-length party. Each Warrant will entitle the holder to purchase one non-flow through common share for a period of three (3) years at a price of CAD $0.65 per share. Each Unit is comprised of one flow-through common share and one-half of one warrant (each whole, a "Warrant"). Skyharbour has allotted and issued 7,292,333 units (the "Units") at a price of CAD $0.48 per Unit.
The Private Placement was subscribed for by two strategic institutional investors. (TSX-V: SYH ) (OTC QB : SYHBF ) (Frankfurt: SC1P ) (the " Company ") announces that it has closed a non-brokered private placement financing for total gross proceeds of CAD $3,500,319.84 (the "Private Placement"). Top Battery Metals Stocks on the TSX and TSXV.
0 kommentar(er)
