top of page
Search
  • Writer's pictureMr. Richard Penn
    • Jul 14, 2020
    • 1 min read

BLACK TUSK CLOSES $1.01-MILLION PRIVATE PLACEMENT

Mr. Richard Penn reports


BLACK TUSK CLOSES $1,015,000 FLOW THROUGH PRIVATE PLACEMENT


Black Tusk Resources Inc. has closed a flow-through private placement for gross proceeds of $1,015,000, issuing a total of 3,125,000 flow-through common shares at a price of eight cents per share and 9,562,500 units (as defined herein) at a price of eight cents per unit.


Each unit consists of one flow-through common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase a non-flow-through share at a price of 10 cents per share for a two-year term.


The company paid finders' fees to Roche Securities Ltd., Leede Jones Gable Inc. and EMD Financial Inc., consisting of: $68,704; 179,400 common shares; and 679,400 warrants.

The securities issued will be subject to a four-month-and-one-day hold from the date of issuance.


The proceeds from the offering will be for mineral exploration activities in Quebec.


We seek Safe Harbor.

74 views0 comments

Recent Posts

See All

Mr. Richard Penn reports Q BATTERY SAMPLES MARUSKA GOLD SHOWING MCKENZIE EAST GOLD PROJECT, VAL D'OR, QUEBEC Q Battery Metals Corp. has provided an update of its rock sampling from July, 2023. The geo

Mr. Richard Penn reports Q BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENT Q Battery Metals Corp. has arranged a private placement financing of up to 25 million units (as defined below) at two cents

Mr. Richard Penn reports Q BATTERY METALS CORP. ANNOUNCES PRIVATE PLACEMENT Q Battery Metals Corp.'s board of directors intends to close a private placement financing of up to 25 million units (as def

bottom of page