Each Unit will consist of one common share (the 'Shares') of the Company and one transferable common share purchase warrant (each, a 'Warrant') with each whole Warrant exercisable at a price of
The Private Placement included participation by insiders of the Company in the aggregate amount of 878,088 Units The participation in the placement by these insiders constitutes a related party transaction (as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ('MI 61-101')). The Company relied upon the 'Issuer Not Listed on Specified Markets' and 'Fair Market Value Not More Than
The Company plans to use the proceeds of the Private Placement for further exploration of the Philadelphia Property in
In connection with the closing of the Private Placement, the Company paid finders' fees totaling
Contact:
Tel: (604) 833-4278
Email: mike.stark@arizonagoldsilver.com
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in
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