Skyharbour Resources 6,174,842-share private placement

Aug 14, 2018

2018-08-13 17:56 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 17, 2018.

Flow-through (FT) shares

Number of FT shares: 2,462,256 flow-through shares

Purchase price: 45 cents per flow-through share

Warrants: 1,231,128 share purchase warrants to purchase 1,231,128 shares

Warrant initial exercise price: 60 cents

Warrant term to expiry: two years

Non-flow-through (NFT) shares

Number of NFT shares: 3,712,586 non-flow-through shares

Purchase price: 40 cents per non-flow-through share

Warrants: 3,712,586 share purchase warrants to purchase 3,712,586 shares

Warrant initial exercise price: 60 cents

Warrant term to expiry: two years

Number of placees: 78 placees

Insiders: Jordan Trimble, 380,000; David Cates, 30,000; Richard Kusmirski, 30,000

Total pro group involvement: 352,300 (eight placees)

Finders’ fees: Canaccord Genuity Corp., $18,464 cash and 31,108 warrants; Echelon Wealth Partners Inc., $3,150 cash and 7,000 warrants; PI Financial Corp., $945 cash and 2,100 warrants; Laurentian Bank Securities Inc., $17,500 cash and 38,889 warrants

Finder’s warrant initial exercise price: 60 cents

Finder’s warrant term to expiry: two-year term

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.

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