Newlox: Deep Dive
Great article on our sometime client Newlox Gold (V.LUX):
Day: January 28, 2021
Tocvan Announces Private Placement
Tocvan Ventures Corp. (“Tocvan” or the “Company”) (CNSX:TOC.CN) is pleased to announce it will be proceeding with a non-brokered private placement of up to 2,500,000 units (the “Units”) at USD$0.50 per Unit for gross proceeds of up to USD$1,250,000 (the “Offering”). Each Unit is comprised of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of USD$0.70 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described below.
Clean Air Metals Issues Warrants to First Nation Partners under a Memorandum of Agreement
Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) announces the issuance of an aggregate of 3,000,000 common share purchase warrants (the “Warrants“) to Fort William First Nation, Red Rock Indian Band and the Biinjitiwaabik Zaaging Anishinaabek (collectively, the “Participating First Nations“). The issuance of the Warrants was under the terms of a Memorandum of Agreement between the Company and the Participating First nations effective as of January 8, 2021 (the “Memorandum of Agreement“). The Warrants are being issued as part of the consideration for the Participating First Nations working with the Company on the design, approval and development of the exploration project, the Thunder Bay North Project, and as part of the Company’s accommodation of the Participating First Nations’ interests and rights related to the exploration project. The Warrants were delivered on January 26, 2021 and are subject to a four-month holding period, expiring on May 27, 2021.