SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (21136)8/10/2016 6:01:08 PM
From: Goose94Read Replies (1) | Respond to of 205758
 
Cruz Capital (CUZ-V) Aug 10, '16 is proposing a non-brokered private placement of up to $2,200,000. The private placement would consist of up to 6,000,000 non flow-through units at $0.30. Each unit will consist of one common share and one transferable share purchase warrant exercisable at $0.45 for a period of three years. The private placement would also consist of up to 1,000,000 flow-through units at $0.40. Each unit will consist of one flow-through common share and one transferable, non flow-through share purchase warrant exercisable at $0.50 for a period of three years. The Offering is subject to approval of the TSX Venture Exchange.

In addition other available prospectus exemptions, a portion of the offering may be completed pursuant to Multilateral CSA Notice 45-318, Prospectus Exemption for Certain Distributions through an Investment Dealer, and the corresponding blanket orders and rules implementing CSA 45-318 in the participating jurisdictions in respect thereof. As at the date hereof, the investment dealer exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA 45-318, each subscriber relying on the investment dealer exemption must obtain advice regarding the suitability of the investment from a registered investment dealer. There is no material fact or material change of the corporation that has not been generally disclosed.

As required by CSA 45-313, the attached table sets out the intended use of proceeds of the offering on a percentage basis. The intended uses of proceeds and/or the corporation's development capital needs may vary based upon a number of factors.

Flow-through funds will be allocated towards
existing Canadian properties
100%
Non Flow-through funds allocation is as follows:
Accounts payable, accrued liabilities and repayment of loans 30%
Public company costs for one year (i.e. legal, accounting, transfer agent, filing fees, etc.)10%
For future identification, negotiations, acquisition,
and potential work commitments on mineral properties
30%
Working capital30%
Total100%
Contact Information
Tel: 1.604.899.9150
Fax: 1.604.689.1733

"James Nelson"
President, Director
Cruz Capital Corp.