Doubleview Gold private placement
2024-11-12 19:49 ET – Private Placement
Financing type: non-brokered private placement
Gross proceeds: $1,873,100.14
Offering: 1,911,364 flow-trough (FT) shares with 955,682 warrants; 2,162,763 non-flow-through (NFT) shares with 2,162,763 warrants
Offering price: 55 cents per FT share; 38 cents per NFT share
Warrant exercise terms: 65 cents per FT share for a two-year period; 48 cents per NFT share for a six-month period and 55 cents for the next 18-month period, subject to an acceleration right
Commissions in securities: 9,750 finders’ warrants
Commission terms: Each non-transferable warrant is exercisable at 48 cents for a six-month period and 55 cents for the next 18-month period, subject to an acceleration right.
Disclosure: Refer to the company’s news releases dated Sept. 10, 2024, Sept. 11, 2024, Oct. 1, 2024, Oct. 30, 2024, and Nov. 7, 2024.