Equitas Resources Announce 20,193,200-share Private Placement

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Equitas Resources Corp (C:EQT) announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 18, 2015As quoted in the press release: Flow-through (FT) shares Number of FT shares:17,033,200 flow-through shares Purchase price:10 cents per flow-through share Warrants:8,516,600 share purchase warrants to purchase 8,516,600 shares Warrant …

Equitas Resources Corp (C:EQT) announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 18, 2015
As quoted in the press release:

Flow-through (FT) shares
Number of FT shares:17,033,200 flow-through shares Purchase price:10 cents per flow-through share Warrants:8,516,600 share purchase warrants to purchase 8,516,600 shares Warrant initial exercise price:20 cents Warrant term to expiry:one year
Non-flow-through (NFT) shares
Number of NFT shares:3.16 million non-flow-through shares Purchase price:9.5 cents per non-flow-through share Warrants:3.16 million share purchase warrants to purchase 3.16 million shares Warrant initial exercise price:20 cents Warrant term to expiry:One year Number of placees:62 placees Insiders:Everett Makela, 100,000; Jody Bellefleur, 85,000; Zimtu Capital Corp. (David Hodge), 1.1 millionFinders’ fees:Canaccord Genuity Corp., $2,348.40 cash and 24,720 warrants; Delbrook Capital Advisors Inc., $74,825.60 cash and 748,256 warrants; EMD Financial Inc., $38,400 cash and 384,000 warrants Finder warrant initial exercise price:20 cents Finder warrant term to expiry:12 months from closing

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