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Wildcat Exploration Ltd. (TSXV:WEL) annoucned a non-brokered private placement of up to $150,000 consisting of 3,000,000 units at a price of $0.05 per Unit. Each Unit will be made up of one common share of the Company and one share purchase warrant with each Warrant exercisable to purchase one common share of the Company at a price of $0.065 per common share for a period of two years from the date of issue.
The Offering shall include two parts: a private placement to existing shareholders of Wildcat (the “Existing Shareholder Private Placement”) under a new prospectus exemption process as set out in Multilateral CSA Notice 45-313 — Prospectus Exemption for Distributions to Existing Security Holders (and in similar instruments in provinces of Canada except for Ontario and Newfoundland and Labrador) and a non-brokered private placement to all other eligible investors in accordance with applicable TSX Venture Exchange rules and securities laws (the “Concurrent Offering”).
Click here to read the Wildcat Exploration Ltd. (TSXV:WEL) press release
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