BULLETIN V2024-0831
SOKOMAN MINERALS CORP. ("SIC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 19, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 21, 2023 and December 6, 2023:
Flow-through Units
Number of Shares: 53,892,846 flow-through shares (each, "FT Share")
Purchase Price: $0.065 per FT Share
Warrants: 26,946,423 share purchase warrants to purchase 26,946,423 common shares
Warrant Exercise Price: $0.13 for a one-year period
Non-flow-through Units
Number of Shares: 3,200,000 flow-through shares (each, "NFT Share")
Purchase Price: $0.065 per NFT Share
Warrants: 3,200,000 share purchase warrants to purchase 3,200,000 common shares
Warrant Exercise Price: $0.13 for a two-year period
Number of Placees: 26 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 453,846 FT Shares
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $179,162.10 N/A 2,666,340
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.10 for period of one year from the date of issuance.
The Company issued news releases on December 19, 2023, and January 29, 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.
________________________________________
|
|
