West High Yield 925,925-unit private placement
2022-09-22 19:43 ET – Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 14, 2021.
Number of shares: 925,925 units
Purchase price: 27 cents per unit
Warrants: 925,925 share purchase warrants to purchase 925,925 shares
Warrant exercise price: 45 cents for a three-year period
Number of placees: one placee
The exchange acknowledges that this private placement is in accordance with the fifth tranche of a drawdown equity line of credit. The company issued a news release on Sept. 22, 2022, 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.
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