23/10/25 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ASTON BAY HOLDINGS LTD. ("BAY")
BULLETIN TYPE: Private Placement-Brokered; Private Placement-Non-Brokered
BULLETIN DATE: October 25, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered and Non-Brokered Private Placement announced September 5, 2023 and September 29, 2023:
Number of Shares -
Brokered: 28,847,375 shares
Number of Shares -
Non-Brokered: 2,450,000 shares
Warrants -
Brokered: 28,847,375 share purchase warrants to purchase 28,847,375 shares
Warrants -
Non-Brokered: 2,450,000 share purchase warrants to purchase 2,450,000 shares
Purchase Price: $0.08 per share
Warrant Exercise Price: $0.12 for a two-year period
Number of Placees: 41 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: N/A N/A
Aggregate Pro Group Involvement: 4 1,700,000?
Agent's Fee: Cantor Fitzgerald Canada Corporation - $120,227.40 cash and 1,502,843 broker warrants
Broker Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.08 for a period of two years from the date of issuance.
The Company issued a news release on October 5, 2023 confirming the 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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