Aston Bay Revises Terms of Financing

Aston Bay Holdings Ltd. (TSXV:BAY) has amended the terms of its previously announced non-brokered private placement: each NFT Unit will now be issued at a per unit price of CDN$0.25 and will consist of one common share and one share purchase warrant.

As quoted in the press release:

Each NFT Warrant will entitle the holder thereof to acquire one additional common share for a period of 18 months from closing of the Offering, at a price of CDN$0.40 per share, subject to accelerated expiry terms, as described below.

In addition, each FT Unit will now be issued at a per unit price of CDN$0.30 and will consist of one “flow-through” common share and one-half of one share purchase warrant (the “FT Warrant”). Each whole FT Warrant will entitle the holder thereof to acquire one additional non-flow-through common share for a period of 18 months from closing of the Offering, at a price of CDN$0.40 per share.

Click here to read the Aston Bay Holdings Ltd. (TSXV:BAY) press release
Click here to see the Aston Bay Holdings Ltd. (TSXV:BAY) profile.

Get the Latest Copper Investing Stock Information

Get the latest information about companies associated with Copper Investing delivered directly to your inbox.

Copper
Copper - Mine Development
Copper - Prospecting and Exploration
Copper - Resource Definition/Pre Feasibility

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Get Our Expert Guide to Copper Investing FREE!

Download this FREE Special Report, From LME Copper to Copper ETFs: Understanding Today’s Copper Price for Investing in Copper.
Comments

Leave a Reply