Naturally Splendid 18,990,292-share private placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 13, 2019.
Number of shares: 18,990,292 shares
Purchase price: 8.5 cents per share
Warrants: 18,990,292 share purchase warrants to purchase 18,990,292 shares
Warrant exercise price: 12 cents for a one-year period, subject to an acceleration clause; 20 cents in the second year, subject to an acceleration clause
Number of placees: nine placees
Insiders: 1105953 B.C. Ltd. (Craig Goodwin), 588,235; Kal-Mad Enterprises Inc. (Bryan Carson), 450,000; Barry Dashner, 141,176; Ranbir Sall, 25,000
Finder’s fee: PI Financial Corp., $51,750 cash and 608,823 warrants payable (The warrants have the same terms as the offering.)
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