RJK Explorations Ltd Completes $575,000 Private Placement

DeMarco Allan LLP acts for RJK Explorations Ltd. in connection with its non-brokered private placement of units, raising gross proceeds of $575,000 (the "Offering"). Under the terms of the Offering, 5,000,000 units (the "Units") were sold at a price of $0.115 per Unit, each Unit comprised of one Class A Subordinate Voting Share of the Corporation and one Class A Subordinate Voting Share purchase warrant ("Warrant"), with each Warrant entitling the holder to purchase an additional Class A Subordinate Voting Share ("Warrant Share") for up to two years at a price of $0.20 per Warrant Share during the first year of the term and at a price of $0.30 during the second year of the term.

Search By Tags
Recent Posts
Latest Tweets

© 2020 DeMarco Allan LLP

Terms of Use and Privacy Statement