24/01/26 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-0288
AZINCOURT ENERGY CORP. ("AAZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 11, 2023:
Number of Shares: 34,857,635 flow through shares
1,170,000 non-flow through shares
Purchase Price: $0.035 per flow through share
$0.03 per non-flow through share
Warrants: 34,857,635 share purchase warrants attached to flow through shares to purchase 34,857,635 additional shares for a three year period
1,170,000 share purchase warrants attached to non-flow through shares to purchase 1,170,000 additional shares for a three year period
Number of Placees: 10 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Carl Perkins Y 142,857
Aggregate Pro Group Involvement P 285,750
[1 placee]
Finder's Fee: Red Cloud Securities Inc. receives $28,000.98 and 800,028 non-transferable warrants, each exercisable for one share at a price of $0.05 for three years.
GloRes Securities Inc. receives $53,900 and 1,540,000 non-transferable warrants, each exercisable for one share at a price of $0.05 for three years.
Canaccord Genuity Corp. receives $1,050 and 35,000 non-transferable warrants, each exercisable for one share at a price of $0.05 for three years.
Qwest Investment Fund Management Ltd. receives $14,000 and 400,000 non-transferable warrants, each exercisable for one share at a price of $0.05 for three years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on December 29, 2023.
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