SGX Resources flow-through private placement

2012-12-31 17:58 MT - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to the third and final tranche of a brokered private placement announced Nov. 22, 2012, as amended Dec. 21, 2012.

Shares: 1,962,000 flow-through shares

Price: 35 cents

Warrants: 981,000 share purchase warrants to purchase 981,000 shares

Exercise price: 45 cents for a two-year period

Placees: 31

Insiders: Gary McDonald 20,000; Hugh Wynne 950,000

Pro group: Dennis Evans 30,000

Agents' fees: $5,029.50 payable to William McCullough; $5,371.50 payable to MGI Securities Inc.; $2,625 payable to Paul Lasko