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Deep-South Changes Its Symbol for "DSD" on the Frankfurt Exchange and Will Attend The Mining Indaba Conference in Cape Town, South Africa
(via TheNewswire) Vancouver, B.C., Canada - TheNewswire - January 29, 2...
About this update from Koryx Copper S.a.
[{"type":"text","content":"Deep-South Changes Its Symbol for \"DSD\" on the Frankfurt Exchange and Will Attend The Mining Indaba Conference in Cape Town, South Africa(via TheNewswire)\n \n \nVancouver, B.C., Canada - TheNewswire- January 29, 2020 - Deep-South Resources Inc. (\"Deep- South\" or \"the Company\") (TSXV:DSM) announces that it has changed its trading symbol on the Frankfurt Exchange. The new symbol is \"DSD\" and is effective immediately.\n\n \n \nMining Indaba\n\n \n \nDeep-South will attend the \"Investing in African Mining Indaba Conference\" in Cape Town, South Africa from February 3 to 6, 2020. You are welcome at booth JM 46.\n\n \n \nPrivate Placement\n\n \n \nDeep-South has completed the closing of its recent private placement and has closed a last subscription agreement for $5,000 Deep-South has previously closed a two tranches totaling $586,300. Please see the press release of December 23, 2019 at: https://www.deepsouthresources.com/investors/news-releases/deep-south-has-closed-a-first-tranche-of-its-private-placement-and-will-update-its-2018-pea/. And the press release of January 22, 2020 at: https://www.deepsouthresources.com/investors/news-releases/deep-south-has-closed-a-second-tranche-of-its-private-placement/\n\n\n \nThe non-brokered private placement comprises 100,000 units (the \"Units\") of Deep- South, at a subscription price of $0.05 per Unit. Each Unit will consist of one (1) common share and one (1) common share purchase warrant (\"Warrant\") of Deep- South. Each Warrant will entitle the holder thereof to purchase one (1) Deep-South common share at an exercise price of $0.09 during a period of sixty (60) months from the date of closing of the placement. Each security issued pursuant to the placement has a mandatory four (4) months holding period from the date of closing of the placement.\n\n \n \nFor the second tranche closed on January 22, 2020, the Company has paid Integral Wealth Securities Ltd a finder's fee of $1,200.00 and will issue 24,000 Compensation Warrants. The Compensation Warrants have the same terms and conditions as the Warrants issued in the units. Each security issued pursuant to the placement has a mandatory four (4) months holding period from the date of closing of the placement.\n\n \n \nThe funds will serve to complete the updated PEA currently underway, plan the upcoming work program, pay some outst...