Northern Freegold 10,050,734-share private placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 4, 2016.
Number of shares: 10,050,734 shares
Purchase price: six cents per share
Warrants: 5,025,367 share purchase warrants to purchase 5,025,367 shares
Warrant initial exercise price: 10 cents
Warrant term to expiry: three years
Number of placees: 16 placees
Insider: Westview Consulting Ltd., 325,000 (Form 4C on file); John Anderson, 450,000 (Form 4C on file)
Total pro group involvement: 833,334 (one placee)
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.
http://www.northernfreegold.com/s/NewsReleases.asp
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