DURANGO RESOURCES INC. ("DGO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 23, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 20, 2022:
Number of Shares: 6,064,705 shares
Purchase Price: $0.085 per share
Warrants: 3,032,353 share purchase warrants to purchase 3,032,353 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 3 placees
Finder's Fee:
150,500 broker warrants payable to RBC Investor Services Trust
274,029 broker warrants and $36,084.93 payable to Laurentian Bank Securities Inc.
Each broker warrant is exercisable at a price of $0.10 per share and expires on May 23, 2024.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release dated May 26, 2022 announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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