CANADIAN SPIRIT RESOURCES INC. ("SPI") BULLETIN TYPE: Private Placement - Non-Brokered BULLETIN DATE: June 13, 2022 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 2, 2022:
Number of Shares: 20,000,000 common share units ("Units"). Each Unit consists of one common share and one common share purchase warrant.
Purchase Price: $0.0525 per Unit
Warrants: 20,000,000 share purchase warrants to purchase 20,000,000 shares
Warrant Price: $0.08 exercisable for a period of two years from the date of issuance
Number of Placees: 1 placee
Insider / Pro Group Participation: Insider= Y / Name ProGroup= P Number of Units Elmag Investments Inc. Y 20,000,000 (Luigi Liberatore)
Finder's Fees: None
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement setting out the expiry dates of the hold period(s) on March 15, 2022.
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