KOOTENAY SILVER INC. ("KTN")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: January 17, 2025
TSX Venture Tier 1 Company
The Company's Short Form Base Shelf Prospectus dated March 27, 2024 ("Prospectus"), was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with the securities commissions. The Prospectus Supplement to the Short Form Base Shelf Prospectus dated July 4, 2024 ("Supplement"), was filed with the securities commissions in each of the provinces and territories in Canada. A receipt for the Prospectus is deemed to have been issued by the regulators in the jurisdictions if the conditions of the Multilateral Instrument 11-102 Passport System have been satisfied.
Further to an at-the-market offering of securities ("ATM Distribution") made pursuant to a Supplement to the Company's Prospectus, the Exchange has accepted for filing documentation with respect to the sales set out below under the ATM Distribution. The Company raised aggregate gross proceeds of $547,408.67 pursuant to the ATM Distribution in the fiscal quarter ended September 30, 2024 ("Quarterly Period"), as set out below:
Agents:
| Research Capital Corporation
| Offering:
| 443,000 common shares in the capital of the Company ("Shares") in aggregate during the Quarterly Period.
| Share Price:
| Varying prices during the Quarterly Period, with an average sale price of $1.2357 per Share.
| Agents' Warrants:
| None.
| Over-allotment Option:
| None.
| Agents' Commission:
| The Company paid an aggregate cash payment of $13,685.22 to the Agent for commission earned during the Quarterly Period.
|
For further information, please refer to the Company's Prospectus, Supplement, and the news releases dated March 27, 2024; July 4, 2024; July 7, 2024; July 10, 2024; and November 19, 2024, which is available under the Company's SEDAR profile.
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