Deal conducted in connection with reverse takeover of Bee Vectoring
By Devika Patel
Knoxville, Tenn., June 30 – Unique Resources Corp. said it settled a C$3.11 million private placement of subscription receipts.
The company sold 12,426,200 subscription receipts at C$0.25 apiece. The price per receipt is a 127.27% premium to the June 29 closing share price of C$0.11.
Each subscription receipt was automatically exchanged for one common share for no additional consideration.
The deal was conducted by agent Canaccord Genuity Corp. in connection with the company’s reverse takeover of Bee Vectoring Technology Inc.
The metals mining company is based in Vancouver, B.C.
| Issuer: | Unique Resources Corp.
|
| Issue: | Subscription receipts
|
| Amount: | C$3,106,550
|
| Receipts: | 12,426,200
|
| Price: | C$0.25
|
| Warrants: | No
|
| Agent: | Canaccord Genuity Corp.
|
| Settlement date: | June 30
|
| Stock symbol: | TSX Venture: UQ
|
| Stock price: | C$0.11 at close June 29
|
| Market capitalization: | C$1.59 million
|
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