By Sheri Kasprzak
New York, Dec. 5 - Tyhee Development Corp. said it has completed a non-brokered private placement for C$1,718,079.
The company issued 14,317,333 units at C$0.12 each.
The units are comprised of one share and one warrant. The warrants are exercisable at C$0.15 each for two years.
The investors in the offering include DRW Geological Consultants Ltd., Roytor & Co. and Lome Anderson.
Based in Vancouver, B.C., Tyhee is a gold exploration and development company.
| Issuer: | Tyhee Development Corp.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$1,718,079
|
| Units: | 14,317,333
|
| Price: | C$0.12
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.15
|
| Investors: | DRW Geological Consultants Ltd., Roytor & Co. and Lome Anderson
|
| Placement agent: | Non-brokered
|
| Settlement date: | Dec. 2
|
| Stock price: | C$0.15 at close Dec. 2
|
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