Slam Exploration 2.9-million-unit private placement

2013-09-18 16:15 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 3, 2013, and closed July 4, 2013.

Securities: 2.9 million units; each unit consists of one common share issued on a flow-through basis and one-half of one common share purchase warrant

Price: five cents

Warrants: 1.45 million share purchase warrants to purchase 1.45 million shares

Exercise price: 10 cents for the first 12 months from date of issuance; 15 cents for the next and final 12 months from date of issuance

Placees: five

Insiders: Roger Frenette 600,000; Michael Taylor 600,000; Wade Humphreys one million