ESG GLOBAL IMPACT CAPITAL INC. ("ESGW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 4, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 17, 2020:
Number of Shares: 5,000,000 shares
Purchase Price: $0.07 per share
Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares
Warrant Exercise Price: $0.10 for 90 day period
$0.15 thereafter until 3 years from the date of closing
Number of Placees: 15 placees
Insider / Pro Group Participation: None
Finder's Fee: Haywood Securities Inc. - $1,101.10 in cash payments and 157,300 Broker Warrants.
Canaccord Genuity Corp. - $70 in cash payments and 10,000 Broker Warrants.
PI Financial Corp. - $595.00 in cash payments and 85,000 Broker Warrants.
Each Broker Warrant will be exercisable at $0.30 in the first 90 days from issuance, and thereafter $0.40 for one common share for a 6 month period from the date of issuance.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated April 29, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
________________________________________
|
|
