Gold Hart Copper to list on TSX-V March 21
stockwatch.com!HART-3664328/C/HART
2025-03-19 19:51 ET - New Listing
New listing -- shares, halt
Effective at the opening, Friday, March 21, 2025, the common shares of the company will be listed and immediately halted on the TSX Venture Exchange, pending receipt and review of acceptable documentation regarding the application for listing pursuant to exchange Policy 2.3. The company is classified as a gold and silver ore mining company.
The company's listing application, dated March 14, 2025, has been filed with and accepted by the TSX Venture Exchange.
On March 18, 2025, 1287409 B.C. Ltd. (409 B.C.), a non-listed reporting issuer, 1001045356 Ontario Inc., a wholly owned subsidiary of 409 B.C., and Vicunau Metals Corp., a private mining issuer, completed an arm's-length amalgamation. Consideration for the amalgamation consisted of the issuance of 121,936,232 resulting issuer shares (including the private placement shares referenced below) in exchange for common shares of 409 B.C. and Vicunau at a deemed price of 20 cents per share. 409 B.C. completed a share split on a 1.40901761-new-for-one-old basis in connection with the amalgamation.
Postamalgamation, the resulting issuer's name was changed to Gold Hart Copper Corp.
Thirty-nine three hundred seventy-eight thousand six hundred fifty-one common shares issued to principals pursuant to the amalgamation are subject to a Tier 2 surplus security escrow agreement to be released over a 36-month period. In accordance with the exchange's seed share resale restrictions, 16,404,717 common shares issued to non-principals are subject to a Tier 2 value security escrow agreement to be released over a 36-month period.
The qualifying property is located in Chile.
The amalgamation also involved the following concurrent private placement transactions.
Private placement -- non-brokered
Financing type: non-brokered private placement of subscription receipt units
Gross proceeds: $4,097,990
Offering: 20,489,948 listed shares with 10,244,974 warrants
Offering price: 20 cents per listed share
Warrant exercise terms: 36 cents per listed share for a two-year period
Commissions in securities: not applicable
Disclosure: Refer to the company's news release dated March 18, 2025.
Private placement -- non-brokered
Financing type: non-brokered private placement of units
Gross proceeds: $6,200
Offering: 31,000 listed shares with 15,500 warrants
Offering price: 20 cents per listed share
Warrant exercise terms: 36 cents per listed share for a two-year period
Commissions in securities: not applicable
Disclosure: Refer to the company's news release dated March 18, 2025.
For further information, please refer to the company's listing application dated March 14, 2025.
Corporate jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value, of which 128,417,713 common shares are issued and outstanding
Escrowed shares: 55,783,368 common shares
Transfer agent: Odyssey Trust Company
Trading symbol: HART (new)
Cusip No.: 38060B 10 2 (new) |
