CROWN MINING CORP. ("CWM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 02, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Feb 08, 2018:
Number of Shares: 4,596,000 shares
Purchase Price: $0.20 per share
Warrants: 2,298,000 share purchase warrants to purchase 2,298,000 shares
Warrant Initial Exercise Price: $0.25
Warrant Term to Expiry: 2 Years
Number of Placees: 24 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Peter McRae Y 125,000
Finder's Fee:
Pollitt & Co. Inc. $10,400.00 cash; The Company is issuing 52,000 Finder Units. Each finder unit will entitle the holder to purchase one unit (each such unit being comprised of one common share and one half of one broker warrant, with each whole finder warrant entitling the holder to purchase one common share for $0.25 at any time within 2 years after closing subject to an acceleration clause) for $0.20 at any time within 2 years after closing subject to an acceleration clause.
CIBC Wood Gundy $2,560.00 cash; The Company is issuing 12,800 Finder Units. Each finder unit will entitle the holder to purchase one unit (each such unit being comprised of one common share and one half of one broker warrant, with each whole finder warrant entitling the holder to purchase one common share for $0.25 at any time within 2 years after closing subject to an acceleration clause) for $0.20 at any time within 2 years after closing subject to an acceleration clause.
PI Financial Corp $1,600.00 cash; The Company is issuing 8,000 Finder Units. Each finder unit will entitle the holder to purchase one unit (each such unit being comprised of one common share and one half of one broker warrant, with each whole finder warrant entitling the holder to purchase one common share for $0.25 at any time within 2 years after closing subject to an acceleration clause) for $0.20 at any time within 2 years after closing subject to an acceleration clause.
INDUSTRIAL ALLIANCE, INVESTMENT MANAGEMENT INC. $6,000.00 cash; The Company is issuing 30,000 Finder Units. Each finder unit will entitle the holder to purchase one unit (each such unit being comprised of one common share and one half of one broker warrant, with each whole finder warrant entitling the holder to purchase one common share for $0.25 at any time within 2 years after closing subject to an acceleration clause) for $0.20 at any time within 2 years after closing subject to an acceleration clause.
FIRST REPUBLIC CAPITAL CORPORATION $8,000.00 cash; The Company is issuing 40,000 Finder Units. Each finder unit will entitle the holder to purchase one unit (each such unit being comprised of one common share and one half of one broker warrant, with each whole finder warrant entitling the holder to purchase one common share for $0.25 at any time within 2 years after closing subject to an acceleration clause) for $0.20 at any time within 2 years after closing subject to an acceleration clause.
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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