BULLETIN V2024-0427
FOCUS GRAPHITE INC. ("FMS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 8, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 21, 2023:
Number of Shares: 294,118 common shares and
1,580,000 flow-through shares
Purchase Price: $0.17 per common share and
$0.19 per flow-through share
Warrants: 294,118 common share purchase warrants to purchase 294,118 common shares
Warrant Exercise Price: $0.22 per common share for a period of 36 months from the closing date
Number of Placees: 3 Placees
Insider / Pro Group Participation: N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $21,012 N/A 112,447 warrants
Finder's Warrants Terms: each warrant entitles the holder to purchase one common share at the price of $0.22 until December 21, 2026.
The Company issued a news release on December 21, 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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