Business
Rokmaster Closes C$9.1 Million Non-brokered Private Placement
Rokmaster Closes C$9.1 Million Non-brokered Private Placement Canada NewsWire ...
About this update from Rokmaster Resources Corp.
[{"type":"text","content":"\n \n \n \n Rokmaster Closes C$9.1 Million Non-brokered Private Placement\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Dec. 31, 2020\n \n /CNW/ - Rokmaster Resources Corp. (TSX-V: RKR) (OTCQB: RKMSF) (FSE: 1RR1) (\"\n \n Rokmaster\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has closed the non-brokered financing (the \"\n \n Financing\n \n \") involving the issuance of flow-through units (the \"\n \n Flow-Through Units\n \n \") and non-flow-through units (the \"\n \n Non-Flow-Through Units\n \n \" and together with the Flow-Through Units, the \"\n \n Units\n \n \").\n \n \n Pursuant to the Financing, the Company issued a total of 13,727,158 Flow-Through Units at\n \n $0.44\n \n per unit, for gross proceeds of\n \n $6,039,950\n \n , and 9,639,750 Non-Flow-Through Units at\n \n $0.32\n \n per unit, for gross proceeds of\n \n $3,084,720\n \n , for aggregate gross proceeds from the Financing of\n \n $9,124,670\n \n .\n \n \n Each Flow-Through Unit is comprised of one flow-through common share of the Company (a \"\n \n Flow-Through Share\n \n \") and one transferrable share purchase warrant to purchase one non-flow-through common share of the Company (a \"\n \n Warrant Share\n \n \") at a price of\n \n $0.48\n \n per Warrant Share for a period of two years expiring on\n \n December 30\n \n , 2022.\n \n \n Each Non-Flow-Through Unit is comprised of one common share of the Company (a \"\n \n Common Share\n \n \") and one transferrable share purchase warrant (a \"\n \n NFT Warrant\n \n \") to purchase one Warrant Share at a price of\n \n $0.48\n \n for a period of two years expiring on\n \n December 30, 2022\n \n .\n \n \n In connection with the closing of the Financing, the Company paid cash finder's fees of\n \n $609,215\n \n , and issued 1,562,383 finder's warrants to Ascenta Finance Corp. (\"\n \n Ascenta\n \n \"). Each finder's warrant entitles Ascenta to purchase one Warrant Share at a price of\n \n $0.48\n \n for a period of two years expiring on\n \n December 30, 202...