POR.V - Portofino Resources Inc. (Gold Play Next To GBR) Message Board

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Gold/Mining/Energy : POR.V - Portofino Resources Inc. (Gold Play Next To GBR)

POR.V 0.01000

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Oct 29 12:24 PM EDT

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From: JRod77	5/5/2020 6:37:15 PM
	of 26

Portofino 6.65-million-share private placement Portofino Resources Inc (2) (C:POR) Shares Issued 40,215,969 Last Close 5/5/2020 $0.055 Tuesday May 5 2020 - Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 27, 2020. Number of shares:6.65 million shares Purchase price:five cents per share Warrants:6.65 million share purchase warrants to purchase 6.65 million shares Warrant initial exercise price:five cents Warrant term to expiry:two years Number of placees:18 placeesInsiders:David Tafel, one million; Seatrend Strategy Group (Jeremy Wright), one million Total pro group involvement:468,000 (two placees) Finders' fees:Leede Jones Gable Inc., $400 cash and 8,000 warrants; PI Financial Corp., $8,640 cash and 180,000 warrants; Intrynsyc Capital Corp., 500,000 warrants Finder's warrant initial exercise price:five cents Finder's warrant term to expiry:two years exercisable at five cents Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. © 2020 Canjex Publishing Ltd.

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