St. Elias Mines 2.5-million-share private placement
2011-10-13 16:17 ET - Private Placement
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The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 17, 2011, and Oct. 7, 2011.
Shares: 2.5 million shares
Purchase price: $1.80 per share
Warrants: 2.5 million share purchase warrants to purchase 2.5 million shares
Warrant exercise price: $2.10 for a one-year period
Hidden placees: six
Insiders: Senojec Management Inc. (Lori McClenehan) 950,000; Kulwant Sandher 10,000; Duncan Bain Consulting Ltd. 10,000
Finder's fee: $14,508 and 2,340 shares payable to Canaccord Genuity Corp.
