FIREFOX GOLD CORP. ("FFOX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 7, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 11, 2020:
Number of Shares: 20,000,000 shares
Purchase Price: $0.10 per share
Warrants: 10,000,000 share purchase warrants to purchase 10,000,000 shares
Warrant Initial Exercise Price: $0.12
Warrant Term to Expiry: 2 Years
Number of Placees: 19 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Aggregate Pro-Group Involvement [1 Placee] P 250,000
Finder's Fee:
mPartners $97,300.00 cash; 973,000 finder warrants
Finder Warrant Initial Exercise Price: $0.10
Finder Warrant Term to Expiry: 2 years
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued news releases dated June 25, 2020 and July 2, 2020 announcing the amendment and further closing of the first and second tranche, respectively, of the Private Placement, and setting out the expiry dates of the hold period. 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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