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  4. Canada Energy Partners, Inc. (CNDPF) Message Board

Canada Energy Partners private placement closes

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Post# of 14
(Total Views: 275)
Posted On: 02/02/2022 8:28:35 PM
Posted By: ChadPimm
Canada Energy Partners private placement closes

2022-02-02 14:12 MT - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 6, 2022.

Number of shares: 5,052,500 shares

Purchase price: eight cents per share

Warrants: 5,052,500 share purchase warrants to purchase 5,052,500 shares

Warrant exercise price: 12 cents for a one-year period

Number of placees: 14 placees

Pro groups: 260,000, one placee

Finders' fees: $3,600 and 45,000 finders' warrants payable to National Bank Financial Inc. $24,736 and 309,200 finders' warrants payable to PI Financial Inc.

Each finder's warrant entitles the holder to acquire one common share at 12 cents for a one-year period.

Pursuant to corporate finance Policy 4.1, Section 1.9(e), the company has issued a news release announcing the closing of the private placement on Jan. 31, 2022, and setting out the expiry dates of the hold period(s).



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