Manganese X Energy 24,999,145-share private placement
2020-10-02 21:39 ET – Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 31, 2020, and further amended on Aug. 6, 2020.
Number of shares: 24,999,145 shares
Purchase price: eight cents per share
Warrants: 24,999,145 share purchase warrants to purchase 24,999,145 shares
Warrant initial exercise price: 15 cents
Warrant term to expiry: three years
Number of placees: 81 placees
Insider: Shimmy Posen, 150,000
Finders’ fees: Gravitas Securities Inc., $4,800 cash and 60,000 warrants; Hampton Securities Ltd., $1,920 cash and 24,000 warrants; PI Financial Corp., $5,120 cash and 64,000 warrants; BMO Nesbitt Burns, $6,400 cash; Ensign Capital Inc., $1,920 cash and 24,000 warrants
Finder’s warrant initial exercise price: 15 cents
Finder’s warrant term to expiry: Each warrant entitles the holder to purchase one common share before Sept. 3, 2023.
https://www.manganesexenergycorp.com/