To: Goose94 who wrote (90315 ) 7/22/2020 8:20:26 AM From: Goose94 Read Replies (1) | Respond to Talisker Resources (TSK-Cse) Announces $15 Million Bought Deal PPPI Financial ”) as co-lead underwriters and co-bookrunners (collectively the “Underwriters ”) pursuant to which the underwriters have agreed to purchase 10,869,566 units (the “Units ”) ($5,000,000) and 15,625,000 charity flow-through share units (the “Charity FT Units ”) ($10,000,000) on a bought deal basis for total gross proceeds of $15,000,000 (the “Offering ”). The Charity FT Units will qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada). Each Unit and Charity FT Unit (the “Offered Securities ”) will be comprised of one common share of the Corporation and one-half of one common share purchase warrant (each whole warrant, a “Warrant ”). Each Warrant will entitle the holder to purchase one Common Share (a “Warrant Share ”) at an exercise price of $0.70 for a period of 12 months from the date of issuance thereof.Offering Price ”) and the Charity FT Units will be sold at a price of $0.64 per Charity FT Unit (the “Charity FT Unit Offering Price ”).Underwriters’ Option ”), which will allow the Underwriters to offer up to an additional 15% of the Offering on the same terms as the Offered Securities. The Underwriters’ Option may be exercised in whole or in part at any time prior to the closing date of the Offering.Income Tax Act (Canada) (the "Qualifying Expenditures ") related to the Company's projects in Canada. All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Shares effective December 31, 2020. The net proceeds from the sale of the Units will be used by the Company for working capital and general corporate purposes.U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Talisker Resources Ltd. taliskerresources.com ) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early stage Greenfields projects. With its properties comprising 291,339 hectares over 322 claims, six leases and 181 crown grant claims, Talisker is a dominant exploration player in the south-central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.
