BULLETIN V2024-0699
LODE GOLD RESOURCES INC. ("LOD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 5, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on January 3, 2024:
First Tranche
Number of Shares: 56,916,100 units
Purchase Price: $0.025 per unit
Warrants: 56,916,100 share purchase warrants to purchase 56,916,100 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Placees: 22 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Units
Aggregate Existing Insider Involvement: 9 44,516,100
Aggregate Pro Group Involvement: 1 1,000,000
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $6,800 N/A 272,000
Finder's Warrants Terms: Each Finder's Warrant entitles the holder to purchase one Common Share at the price of $0.05 for a period of 2 years from the date of issuance.
The Company issued a news release on March 5, 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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