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Crystal Lake two-million-unit private placement

Nov 29, 2017

2017-11-28 18:04 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 6, 2017.

Shares: two million

Price: 20 cents

Warrants: two million share purchase warrants to purchase two million shares

Exercise price: 25 cents for an 18-month period

Placees: 14

Insiders: Wally Boguski 162,500; John Meekison 37,500; Richard Savage 175,000; Alphonse Ruggiero 50,000

Pro group: 90,000 (one placee)

Finder’s fee: $4,200 and 21,000 warrants payable to PI Financial Corp.; warrants are exercisable at 25 cents per share for an 18-month period