ISOENERGY LTD. ("ISO")
BULLETIN TYPE: Private Placement-Brokered, Non-Brokered
BULLETIN DATE: December 13, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement and Non-Brokered Private Placement announced November 12, 2019:
Number of Shares: 7,778,000 flow-through shares and 8,056,858 non-flow-through shares
Purchase Price: $0.45 per flow-through share and 0.40 per non-flow-through share
Warrants: 4,028,429 share purchase warrants to purchase 4,028,429 shares
Warrant Exercise Price: $0.60 for a two-year period
Number of Placees: 13 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Common Shares
NexGen Energy Ltd. Y 7,371,858
Craig Parry Y 50,000
Steven Blower Y 10,000
Agent's Fee: PI Financial Corp. - $210,006 cash and 466,680 broker warrants
Each non-transferable broker warrant is exercisable into one common share at a price of $0.45 for a period of 24 months.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated December 3, 2019 and December 9, 2019 announcing the closing of the private placement and setting out the expiry dates of the hold periods. 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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