Hey Aweigh, since you b stock expert , what is placees? Are they the suckers FD got to believe Dk's EESU Patent is irrefutable proof so they got involved with EESCAMs latest PP?
EEStor 7.24-million-share private placement
2017-04-28 16:59 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 11, 2017, and April 20, 2017.
Number of shares: 7.24 million shares
Purchase price: 50 cents per share
Warrants: 7.24 million share purchase warrants to purchase 7.24 million shares
Warrant exercise price: $1 for a two-year period
Number of placees: 33 placees
Total pro group involvement: 860,000 (four placees)
Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
For further details, please refer to the company's news release dated April 24, 2017.
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