24/02/14 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-0502
ADVENTUS MINING CORPORATION ("ADZN")
BULLETIN TYPE: Private Placement-Brokered; Private Placement-Non-Brokered
BULLETIN DATE: February 14, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement of Units ("BPPU"), a Non-Brokered Private Placement of Units ("NBPPU") and a Non-Brokered Private Placement of Subscription Receipts ("NBPPS") announced November 21, 2023 and December 8, 2023. Each unit ("Unit") consists of four shares of the Company and six Subscription ?Receipts. Each subscription receipt ("Subscription Receipt") automatically converted to one share of the Company, without payment of additional consideration or further action on the part of the subscription receipt holders, upon closing of the Company's arrangement, as per the Company's news release dated on January 25, 2024.
Number of Units BPPU: 1,972,392 Units
Purchase Price BPPU: $2.90 per Unit
Number of Units NBPPU: 100,000 Units
Purchase Price NBPPU: $2.90 per Unit
Number of Subscription
Receipts NBPPS: 63,769,486 Subscription Receipts
Purchase Price NBPPS: C$0.29 per Subscription Receipt
Number of Placees: 26 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Units
Aggregate Existing Insider Involvement: 1 3,500
Aggregate Pro Group Involvement: 2 175,000
Agent's Fee: Raymond James Ltd - $123,550.64 cash
National Bank Financial Inc. - $123,550.64 cash
Haywood Securities Inc. - $39,467.56 cash
Cormark Securities Inc. - $39,467.56 cash
BMO Nesbitt Burns Inc. - $17,159.81 cash
The Company issued a news release on December 8, 2023 confirming closing of the private placements.
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