Noble Mineral 9,616,666-share private placement
2024-01-03 20:09 ET – Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 24, 2023.
Number of shares: 9,616,666 flow-through common shares
Purchase price: 7.5 cents per flow-through common share
Warrants: 4,808,333 common share purchase warrants to purchase 4,808,333 common shares
Warrant exercise price: 12.5 cents per common share for a period of two years
Number of placees: six placees
Finder’s fee: $49,087.50 cash and 654,500 warrants
Finder’s warrant terms: Each finder’s warrant entitles the holder to purchase one common share at a price of 7.5 cents for a period of two years from the date of issuance.
The company issued news releases on Dec. 7, 2023, Dec. 22, 2023, and Jan. 2, 2024, confirming the closing of the private placement. 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://noblemineralexploration.com/