BULLETIN V2024-0620
GITENNES EXPLORATION INC. ("GIT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 27, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced January 17, 2024:
Number of Shares: 2,500,000 flow-through shares
Purchase Price: $0.02 per flow-through share
Warrants: 1,250,000 share purchase warrants to purchase 1,250,000 shares
Warrant Exercise Price: $0.05 for a two-year period
Number of Placees: 4 placees
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $3,500.00 70,000 70,000
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.05 until December 28, 2025 from the date of issuance.
The Company issued a news release on January 3, 2024, February 12, 2024 and February 23, 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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