BULLETIN V2024-0466
CANASIA ENERGY CORP. ("CEC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: February 12, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on December 4, 2023 and December 13, 2023:
Number of Common Shares: 63,000,000 common shares
Purchase Price: $0.10 per common share
Number of Placees: 23 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 17,000,000
Broker's Fee: Research Capital Corporation - $313,480 in cash and 2,520,000 broker warrants
Broker Warrants Terms: each non-transferable broker warrant entitles the holder to acquire one common share at an exercise price equal to $0.10 for a period of 24 months after the closing date.
The Company issued news releases on December 21, 2023, January 9, 2024 and January 16, 2024, confirming closing of the private placement.
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