Exploits Successfully Closes Non-Brokered Private Placement and Issues Stock Options
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) has successfully completed a non-brokered private placement, raising $1,015,400 through the issuance of 12,692,500 flow-through shares at $0.08 per share. The company paid $25,344 in finder's fees, and the shares are subject to a four-month hold period ending January 28, 2025. An insider participated for $8,000, considered a related party transaction under MI 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements.
The proceeds will be used for eligible Canadian exploration expenses related to the company's mining projects. Additionally, Exploits has granted 2,150,000 stock options to directors, officers, employees, and consultants, exercisable until September 30, 2029, at $0.08 per share.
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) ha completato con successo un collocamento privato non mediato, raccogliendo $1.015.400 attraverso l'emissione di 12.692.500 azioni flow-through a $0,08 per azione. La società ha pagato $25.344 come commissioni per il trovare investitori, e le azioni sono soggette a un periodo di blocco di quattro mesi che terminerà il 28 gennaio 2025. Un insidioso ha partecipato per $8.000, considerato una transazione con parti correlate ai sensi del MI 61-101, con la società che si affida a esenzioni da valutazioni formali e requisiti di approvazione da parte degli azionisti di minoranza.
I proventi saranno utilizzati per spese di esplorazione canadesi ammissibili relative ai progetti minerari della società. Inoltre, Exploits ha concesso 2.150.000 opzioni su azioni a direttori, funzionari, dipendenti e consulenti, esercitabili fino al 30 settembre 2029, a $0,08 per azione.
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) ha completado con éxito una colocación privada no intermediada, recaudando $1.015.400 mediante la emisión de 12.692.500 acciones flow-through a $0,08 por acción. La compañía pagó $25.344 en comisiones por encontrar inversionistas, y las acciones están sujetas a un período de bloqueo de cuatro meses que finalizará el 28 de enero de 2025. Un insider participó por $8.000, considerado como una transacción de partes relacionadas bajo MI 61-101, con la empresa confiando en exenciones de la valoración formal y requisitos de aprobación de los accionistas minoritarios.
Los fondos se utilizarán para gastos de exploración canadienses elegibles relacionados con los proyectos mineros de la compañía. Además, Exploits ha otorgado 2.150.000 opciones sobre acciones a directores, funcionarios, empleados y consultores, que se pueden ejercer hasta el 30 de septiembre de 2029, a $0,08 por acción.
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF)는 비중개 사모 배치를 성공적으로 완료하여 $1,015,400을 모집하였습니다. 12,692,500개의 플로우스루 주식을 주당 $0.08에 발행하였습니다. 회사는 투자자 찾기 수수료로 $25,344를 지급하였으며, 주식은 2025년 1월 28일 종료되는 4개월의 보유 기간을 적용받습니다. 내부자가 $8,000를 참여하였으며, 이는 MI 61-101에 따른 관련 거래로 간주되며, 회사는 공식 평가 및 소수주주 승인 요구사항에서 면제를 받고 있습니다.
모금된 자금은 회사의 광산 프로젝트와 관련된 적격 캐나다 탐사 비용에 사용될 것입니다. 또한, Exploits는 이사, 임원, 직원 및 컨설턴트에게 2,150,000개의 주식 옵션을 부여하였으며, 이는 2029년 9월 30일까지 $0.08에 행사할 수 있습니다.
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) a réussi à finaliser un placement privé non intermédiaire, levant $1.015.400 par l'émission de 12.692.500 actions flow-through à $0,08 par action. L'entreprise a payé $25.344 en frais de recherche d'investisseurs, et les actions sont soumises à une période de blocage de quatre mois qui se terminera le 28 janvier 2025. Un initié a participé pour $8.000, considéré comme une transaction entre parties liées selon MI 61-101, l'entreprise se fiant à des exemptions de l'évaluation formelle et des exigences d'approbation des actionnaires minoritaires.
Les produits seront utilisés pour des dépenses d'exploration canadiennes éligibles liées aux projets miniers de l'entreprise. De plus, Exploits a accordé 2.150.000 options d'achat d'actions à des directeurs, des dirigeants, des employés et des consultants, exerçables jusqu'au 30 septembre 2029, à $0,08 par action.
Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) hat erfolgreich einen nicht vermittelte Privatplatzierung abgeschlossen und dabei $1.015.400 durch die Emission von 12.692.500 Flow-Through-Aktien zu einem Preis von $0,08 pro Aktie gesammelt. Das Unternehmen zahlte $25.344 an Findergebühren, und die Aktien unterliegen einer Sperrfrist von vier Monaten, die am 28. Januar 2025 endet. Ein Insider beteiligte sich mit $8.000, was als Transaktion mit verbundenen Parteien gemäß MI 61-101 angesehen wird, wobei das Unternehmen auf Ausnahmen von formellen Bewertungen und Zustimmungen der Minderheitsaktionäre angewiesen ist.
Die Einnahmen werden für förderfähige kanadische Erkundungskosten im Zusammenhang mit den Bergbauprojekten des Unternehmens verwendet. Zudem hat Exploits 2.150.000 Aktienoptionen an Direktoren, Führungskräfte, Mitarbeiter und Berater gewährt, die bis zum 30. September 2029 zu einem Preis von $0,08 pro Aktie ausgeübt werden können.
- Raised $1,015,400 through private placement
- Granted 2,150,000 stock options to key personnel
- Potential dilution of existing shareholders due to new share issuance
Toronto, Ontario--(Newsfile Corp. - September 30, 2024) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce completion of a non-brokered private placement of 12,692,500 flow-through shares at a price of
An insider of the Company participated in the Offering for
The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses" ("CEE") that are "flow-through mining expenditures" (as such term is defined in the Income Tax Act (Canada)) related to the Company's mining projects.
The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements. "United States" and "U.S. person" have the respective meanings assigned in Regulation S under the U.S Securities Act.
The Company also announces that, in accordance with the Company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 2,150,000 common shares exercisable on or before September 30, 2029 at a price of
About Exploits Discovery Corp.
Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.
On Behalf of the Board
/s/ "Jeff Swinoga"
President and CEO
For more information, please contact:
Shanda Kilborn
VP, Corporate Development & Investor Relations
+1 (778) 819-2708
shanda@exploits.gold
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Not for distribution to United States Newswire Services or for dissemination in the United States
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225008
FAQ
How much did Exploits Discovery Corp. (NFLDF) raise in its recent private placement?
What is the exercise price and expiry date of the stock options granted by Exploits Discovery Corp. (NFLDF)?
How will Exploits Discovery Corp. (NFLDF) use the proceeds from the private placement?
When do the flow-through shares issued by Exploits Discovery Corp. (NFLDF) become freely tradable?
