The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

Free
Message: From SEDAR - More Details on the PP

Item 4 Summary of Material Change(s)

The Company has announced the close of the non-brokered private placement of Common Units which raised a total of $250,000.


Item 5 Full Description of Material Change


The Company has announced the close of the non-brokered expedited private placement.

A total of 3,571,428 Flow-Through Units were distributed for total proceeds of $250,000. The Units were issued at $0.07 per Unit. Each Unit is comprised of one flow-through common share and one half of one warrant, with each warrant entitling the holder to purchase one additional common share for $0.14 for eighteen months from the closing date.

Funds raised in the current private placement will be used for exploration of the Company’s properties in Canada. A total of 12 placees participated in the private placement, including 4 Insider participants for 492,428 flow-through Units. All securities distributed pursuant to this private placement will be subject to a hold period of four months and one day following closing.

Share
New Message
Please login to post a reply