Baroyeca Gold & Silver private placement

Mar 1, 2022

2022-02-28 16:10 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 20, 2022, and Feb. 11, 2022.

Number of shares: 9,189,709 shares

Purchase price: 35 cents per share

Warrants: 4,595,854 share purchase warrants to purchase 4,595,854 shares

Warrant exercise price: 50 cents for a one-year period

Number of placees: 62 placees

Pro groups: 220,000, three placees

Finders’ fees: Research Capital Corp. (Toronto) — $14,700.00 and 42,000 broker warrants that are exercisable into common shares at 50 cents per share to Feb. 18, 2023; Haywood Securities Inc. — $40,499.99 and 115,714 broker warrants that are exercisable into common shares at 50 cents per share to Feb. 18, 2023; Research Capital Corp. (Vancouver) — $47,066.88 and 134,476 broker warrants that are exercisable into common shares at 50 cents per share to Feb. 18, 2023; Canaccord Genuity Corp. — $2,247.00 and 16,420 broker warrants that are exercisable into common shares at 50 cents per share to Feb. 18, 2023

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company issued a news release dated Feb. 24, 2022, announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

https://baroyeca.com/