ELEMENT 29 RESOURCES INC. ("ECU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 20, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on July 31, 2023 and September 7, 2023:
Number of Shares: 19,045,253 shares
Purchase Price: $0.15 per share
Warrants: 19,045,253 share purchase warrants to purchase 19,045,253 shares
Warrant Exercise Price: $0.25 for a two-year period
Number of Placees: 74 placees
Insider / Pro Group Participation:
Placees
# of Placee (s)
Aggregate # of Shares
Aggregate Existing Insider Involvement:
4
1,120,000
Aggregate Pro Group Involvement:
10
2,665,000
Aggregate Cash Amount
Aggregate #
of Shares
Aggregate #
of Warrants
Finder's Fee:
$144,007.29
N/A
N/A
The Company issued a news release on September 13, 2023 confirming 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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