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Pelangio Exploration FT-, NFT-share private placement
2009-03-30 16:21 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.
Number of shares: 1.1 million flow-through shares; 10.85 million common shares
Purchase price: 10 cents per flow-through and common share
Warrants: 10.85 million share purchase warrants to purchase 10.85 million shares
Warrant exercise price: 20 cents until Feb. 27, 2011
Hidden placees: 38
Insider participation: Ingrid Hibbard, 500,000; Peter Crossgrove, 200,000; David Mosher, 200,000; Phil Olson, 200,000; Ian Shaw, 300,000; Warren Bates, 150,000; Brendan Cahill, 100,000; Terry-Lynn Conway, 50,000
Pro group participation: Ben Pullinger, 100,000; Randall Lilko, 500,000; Matthew Lilko, 200,000
Finders' fees: A total of $39,200 payable to Bolder Investment Partners, Pope & Company Limited and Longwave Strategies Inc.
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