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Talisker Announces $6 Million Private Placement
Talisker Announces $6 Million Private Placement Canada NewsWire /NOT FO...
About this update from Talisker Resources Ltd.
[{"type":"text","content":"\n \n \n \n Talisker Announces $6 Million 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 20, 2022\n \n \n /CNW/ - Talisker Resources Ltd. (\"\n \n Talisker\n \n \" or the \"\n \n Company\n \n \") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP and PI Financial Corp., as co-lead agents on behalf of a syndicate of one or more additional agents (referred to collectively as the \"\n \n Agents\n \n \"), in connection with a \"best efforts\" private placement financing of up to\n \n $6,000,600\n \n (the \"\n \n Offering\n \n \").\n \n \n \n \n \n \n \n \n \n The Offering will consist of a combination of (i) up to 18,750,000 units of the Company (\"\n \n Units\n \n \") at a price of\n \n $0.16\n \n per Unit (the \"\n \n Issue Price\n \n \") for gross proceeds of up to\n \n $3,000,000\n \n , and (ii) up to 16,670,000 common shares of the Company issued on a flow-through basis (\"\n \n FT Shares\n \n \") at a price of\n \n $0.18\n \n per FT Share for gross proceeds of up to\n \n $3,000,600\n \n . The Units and the FT Shares shall be collectively referred to as the \"\n \n Offered Securities\n \n \".\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 Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of\n \n $0\n \n .24 for a period of 2.5 years (30 months) from the date of issuance. The FT Shares will qualify as \"flow-through shares\" within the meaning of the\n \n Income Tax Act\n \n (\n \n Canada\n \n ) (the \"\n \n Tax Act\n \n \").\n \n \n The Company has granted the Agents an option to sell up to an additional 15% of the Offering, exercisable in whole or in part, at any ti...