Annual General and Special Meeting of Shareholders of GCM Mining Corp. (the “Corporation”)
REPORT OF VOTING RESULTS
(Pursuant to Section 11.3 of National Instrument 51-102)
Day: June 15, 2022
Tocvan Announces Closing of Private Placement and Executes Term Sheet for $5.125M Financing
Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce it has executed a binding term sheet in connection with a proposed financing for $5,125,000.00 (CAD) (the “Proposed Financing”) with an institutional investor, the terms of which will be announced once all due diligence has been completed, which is expected by June 30, 2022. The Company has agreed to pay a refundable due diligence deposit of $75,000 (CAD) (the “Deposit Shares”) via the issuance of 81,522 common shares of the Company at a deemed issue price of $0.92 per common share.