BULLETIN V2024-0166
GOVIEX URANIUM INC. ("GXU")
BULLETIN TYPE: Prospectus - Unit Offering
BULLETIN DATE January 16, 2024
TSX Venture Tier 1 Company
Effective December 20, 2023, the Company's Short Form Prospectus dated December 20, 2023 (the "Prospectus") was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the British Columbia Securities Commission and the Ontario Securities Commission, pursuant to the provisions of the Securities Act. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta.
The Exchange has been advised that the closing of the offering pursuant to the Prospectus occurred on December 22, 2023, for gross proceeds of $13,800,000.
Offering: 86,250,000 units ("Units"), including exercise in full of the over-allotment option. Each Unit consists of one common share and one warrant exercisable into one common share.
Unit Price: $0.16 per Unit.
Warrant Exercise Price/Term: $0.16 USD ($0.21 CAD) for a period of 36 months from the closing date of the offering
Agent(s): Eight Capital
Agent(s) Commission: An aggregate of $624,360 and 3,152,250 compensation warrants, with each compensation warrant being exercisable to acquire one Unit at a price of $0.16 per Unit until December 22, 2025
Over-allotment Option: Underwriters were granted an over-allotment option in connection with this offering to purchase an additional 11,250,000 Units, which was exercised in full.
For further details, please refer to the Company's Prospectus dated December 20, 2023 and filed on SEDAR, and the Company's news releases dated December 4, 2023, December 5, 2023, December 8, 2023, December 20, 2023 and December 22, 2023.
_______________________________________
|
|
