Business
CANADA SILVER COBALT ANNOUNCES UPSIZED $5.5 MILLION MARKETED PRIVATE PLACEMENT OF UNITS AND FLOW-THROUGH UNITS
CANADA SILVER COBALT ANNOUNCES UPSIZED $5.5 MILLION MARKETED PRIVATE PLACEMENT OF UNITS A...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"\n \n \n \n CANADA SILVER COBALT ANNOUNCES UPSIZED $5.5 MILLION MARKETED PRIVATE PLACEMENT OF UNITS AND FLOW-THROUGH UNITS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN OR INTO\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/\n \n \n \n \n \n COQUITLAM, BC\n \n \n ,\n \n \n April 8, 2022\n \n \n /CNW/ -\n \n Canada Silver Cobalt Works Inc.\n \n (TSXV: CCW) (OTC: CCWOF) (\n \n Frankfurt\n \n : 4T9B) (the \"\n \n Company\n \n \" or \"\n \n Canada Silver Cobalt\n \n \") announces that it has agreed with Research Capital Corporation, as sole bookrunner, and together with Canaccord Genuity Corp. as co-lead agents (together, the \"\n \n Agents\n \n \"), to increase the size of the previously announced best-efforts basis, private placement offering (the \"\n \n Offering\n \n \") to\n \n $5,500,000\n \n in gross proceeds to the Company. The Offering consists of a combination of: (i) units of the Company (the \"\n \n Units\n \n \") at a price of\n \n $0.25\n \n per Unit, (ii) flow-through units of the Company (the \"\n \n FT Units\n \n \") at a price of\n \n $0.27\n \n per FT Unit, and (iii) Quebec flow-through units of the Company (the \"\n \n QFT Units\n \n \") at a price of\n \n $0.29\n \n per QFT Unit.\n \n \n Each Unit will consist of one common share of the Company (a \"\n \n Common Share\n \n \") and one common share purchase warrant (a \"\n \n Warrant\n \n \"). Each FT Unit will consist of one flow-through Common Share (a \"\n \n FT Share\n \n \") that will qualify as a \"flow-through share\" within the meaning of subsection 66(15) of the Income Tax Act (\n \n Canada\n \n ) (the \"Tax Act\") and one Warrant. Each QFT Unit will consist of one\n \n Quebec\n \n flow-through Common Share (a \"\n \n QFT Share\n \n \") that will qualify as a \"flow-through share\" within the meaning of subsection 66(15) of the Tax Act and section 359.1 of the Taxation Act (Québec) and one Warrant. Each Warrant shall entitle the holder ...