AIS Resources 10,547,500-share private placement
2021-07-23 18:05 ET – Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 24, 2021.
Number of shares: 10,547,500 shares
Purchase price: eight cents per share
Warrants: 10,547,500 share purchase warrants to purchase 10,547,500 shares
Warrant exercise price: 12 cents for a two-year period
Number of placees: 19 placees
Insider: Martyn Element, 862,500
Total pro group involvement: 100,000 (one placee)
Finders’ fees: Gerhard Merkel, $22,500 and 281,250 finder’s warrants that are exercisable into common shares at 12 cents per share for a two-year period; Buffalo Associates Ltd. (Marc Bamber), $13,500 and 168,750 finder’s warrants that are exercisable into common shares at 12 cents per share for a two-year period; Leede Jones Gable Inc., $1,280 and 16,000 finder’s warrants that are exercisable into common shares at 12 cents per share for a two-year period; Research Capital Corp., $4,640 and 58,000 finder’s warrants that are exercisable into common shares at 12 cents per share for a two-year period.