P2 Gold 6.25-million-share private placement
2024-02-13 20:25 ET – Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 21, 2023, and Dec. 27, 2023.
Number of shares: 6.25 million shares
Purchase price: eight cents per share
Warrants: 6.25 million share purchase warrants to purchase 6.25 million shares
Warrant exercise price: 15 cents for a two-year period subject to an acceleration expiry clause
Number of placees: 24 placees
Total existing insider involvement: 1,122,500 (two insiders)
Finder’s fee: $9,732
The company issued news releases on Feb. 2, 2024, and Feb. 13, 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.