19/11/25 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
FRONTIER LITHIUM INC. ("FL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 25, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 28, 2019:
Number of Shares: 1,708,571 common share Flow-Through units ("FT Units")
Each FT Unit consists of one share and one half of one share purchase warrant
Purchase Price: $0.28 per FT Unit
Warrants: 854,285 share purchase warrants to purchase 854,285 shares
Warrant Exercise Price: $0.375 for up to two years from closing
Number of Placees: 3 placees
Insider / Pro Group Participation: None
Finder's Fee: Cash commission of $23,999.99 and 85,714 broker warrants issued to Mine Equities Ltd. Each broker warrant is exercisable for $0.375 per common share and will expire on November 6, 2021.
Cash commission of $3,024.00 and 10,800 broker warrants issued to Accilent Capital Management Inc. Each broker warrant is exercisable for $0.375 per common share and will expire on November 13, 2021.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company will issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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