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Manganese X 4.15-million-share private placement

Apr 24, 2019

2019-04-23 18:36 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 11, 2019.

Number of shares: 4.15 million shares

Purchase price: 12 cents per share

Warrants: 4.15 million share purchase warrants to purchase 4.15 million shares

Warrant initial exercise price: 14.5 cents

Warrant term to expiry: three years

Number of placees: nine placees

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.