Naturally Splendid 18,990,292-share private placement

#NSP, #NSPDF

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.)

© 2019 Canjex Publishing Ltd. All rights reserved.

 

Source:  Stockwatch

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