BULLETIN V2024-1152
CRYPTOSTAR CORP. ("CSTR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 19, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on January 17, 2024:
Number of Shares: 14,460,000 common shares
Purchase Price: $0.05 per common share
Warrants: 14,460,000 common share purchase warrants to purchase 14,460,000 common shares
Warrant Exercise Price: $0.07 for a period of three (3) years
Number of Placees: 31 Placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: N/A N/A
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $65,610 433,800 433,800
The aggregate cash commission of $65,610 includes a corporate finance fee of $15,000.
Finder's Warrants Terms: Each finder's warrant entitles the holder to purchase one common share at the price of $0.07 for a period of three (3) years from the date of issuance.
The Company issued a news release on March 8, 2024 and on March 27, 2024 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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