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Matamec Explorations Inc. (CVE:MAT) announces that it has entered into an agreement with Industrial Alliance Securities Inc. and Versant Partners Inc.
Matamec Explorations Inc. (TSXV:MAT) announces that it has entered into an agreement with Industrial Alliance Securities Inc. and Versant Partners Inc.
The press release is quoted as saying:
Upon the closing of the Offering, the Agents shall receive a commission paid in cash equal to 7.5% of the proceeds raised from the private placement. In addition, the Agents shall receive non transferable broker warrants exercisable for a period of eighteen (18) months from the date of closing, at an exercise price of $0.40 per share, to acquire such number of common shares as is equal to 6% of the aggregate number of Units and Flow-Through Shares issued pursuant to the Offering.
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