24/02/15 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-0520
BATHURST METALS CORP. ("BMV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 15, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 31, 2023:
Number of Shares: 4,025,000 Flow-Through (FT) shares
1,150,000 Non-Flow-Through (NFT) shares
Purchase Price: $0.10 per FT share
$0.08 per NFT share
Warrants: 3,162,500 share purchase warrants to purchase 3,162,500 shares
Warrant Exercise Price: $0.20 for a one-year period for 2,012,500 warrants
$0.15 for a one-year period for 1,150,000 warrants
Number of Placees: 29 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: N/A N/A
Aggregate Pro Group Involvement: 3 200,000 FT shares and 100,000 NFT shares
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $26,915 N/A 267,750
Finder's Warrants Terms: Each non-transferable warrant entitles the holder to purchase one common share at the price of $0.10 for period of 1 year from the date of issuance.
The Company issued news releases on December 14, 2023, January 31, 2024, and February 13, 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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