American Manganese 5,252,081-share private placement

Aug 18, 2017

2017-08-17 16:34 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 30, 2017.

Number of shares:  5,252,081 shares

Purchase price:  18 cents per share

Warrants:  5,252,081 share purchase warrants to purchase 5,252,081 shares

Warrant exercise price:  25 cents for a two-year period

Number of placees:  33 placees

Insiders:  Shaheem Ali, 225,000; Andris Kikauka, 500,000; Michael MacLeod, 50,000; Teresa Piorun, 25,000; Larry Reaugh, 100,000; Edward Skoda, 100,000

Total pro group involvement:  50,000 (one placee)

Finders’ fees:  Mike Hoy, $47,082; Keith Allen, $3,300; Leanne Reaugh, $450; Canccord Genuity, $720 and 4,000 agent’s options that are exercisable into common shares at 25 cents per share for a two-year period

http://americanmanganeseinc.com/news-publications-2/press-releases-2/

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