BULLETIN V2024-0735
FOBI AI INC. ("FOBI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 7, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 2 and 26, 2024:
Number of Shares: 42,509,067 shares
Purchase Price: $0.07 per share
Warrants: 42,509,067 share purchase warrants to purchase 42,509,067 shares
Warrant Exercise Price: $0.14 for a three-year period
Number of Placees: 74 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 1,428,569
Aggregate Pro Group Involvement: 4 2,800,000?
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $155,842.08?? N/A 2,226,315
The Company issued a news release on February 23 and 28, 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.]
________________________________________
|
|
