NEX COMPANY:
BULLETIN V2024-0300
AUSCAN RESOURCES INC. ("ACR.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 26, 2024
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on January 4, 2024:
Number of Shares: 640,000 shares
Purchase Price: $0.13 per share
Warrants: 320,000 share purchase warrants to purchase 320,000 shares
Warrant Exercise Price: $0.17 for a one-year period
Number of Placees: 8 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 290,000
Aggregate Pro Group Involvement: N/A N/A
Finder's Fee: N/A
The Company issued a news release on January 18, 2024 confirming closing of the private placement. 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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