Welcome To The Canada Energy Partners HUB On AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: Canada Energy Closes Private Placement

Canada Energy Partners private placement

 

2022-02-02 14:12 MT - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 6, 2022.

 

Number of shares:  5,052,500 shares

 

Purchase price:  eight cents per share

 

Warrants:  5,052,500 share purchase warrants to purchase 5,052,500 shares

 

Warrant exercise price:  12 cents for a one-year period

 

Number of placees:  14 placees

 

Pro groups:  260,000, one placee

 

Finders' fees:  $3,600 and 45,000 finders' warrants payable to National Bank Financial Inc. $24,736 and 309,200 finders' warrants payable to PI Financial Inc.

 

Each finder's warrant entitles the holder to acquire one common share at 12 cents for a one-year period.

 

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company has issued a news release announcing the closing of the private placement on Jan. 31, 2022, and setting out the expiry dates of the hold period(s).

 

Share
New Message
Please login to post a reply