BWR EXPLORATION INC. ("BWR")
BULLETIN TYPE: Private Placement- Non-Brokered
BULLETIN DATE: February 14, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 24, 2022:
Number of Shares: 4,568,000 common shares
Purchase Price: $0.03 per common share
Warrants: 2,284,000 share purchase warrants to purchase 2,284,000 common shares
Warrant Exercise Price: $0.06 per share in the first two years and $0.10 per share in the third year
Number of Placees: 11 Placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 1 300,000
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.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued news releases dated January 6, 2023 and February 8, 2023, announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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