STUVE GOLD CORP. ("STUV")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures
BULLETIN DATE: January 30, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 4, 2022:
Convertible Debenture $650,000 in outstanding principal amount of unsecured convertible debentures.
Conversion Price: Convertible into 10,833,333 common shares of the Company at $0.06 per share for the first year and $0.10 thereafter.
Maturity Date: 2 years from the date of issuance.
Interest rate: 7% per annum
Number of Placees: 7 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 1 2,916,666
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: N/A N/A N/A
The Company issued a news release on January 30, 2023 confirming closing of the private placement.
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