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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (113938)	9/25/2021 10:44:25 AM
From: Goose94	Read Replies (2) \| Respond to of 203026

Pezm Gold (PEZM.H-V) Completion Of PP Sept 23, '21 - NR Pezm Gold Inc. has completed its non-brokered private placement and has issued 1.05 million units at a price of 55 cents per unit for gross proceeds of $577,500. Each unit consists of one common share of the company and one-half common share purchase warrant exercisable at a price of 60 cents until Sept. 23, 2022. The company intends to use the net proceeds of the offering to: retire existing payables; satisfy continuous disclosure and regulatory obligations; and continue its previously announced review of potential strategic acquisition opportunities. The company intends to focus this review on transactions in the resource and industrial sectors. No finders' fees or commissions were paid in connection with the completion of the offering. All securities issued in connection with the offering are subject to a statutory hold period until Jan. 24, 2022, in accordance with applicable securities laws. The offering included participation by two directors of the company in the aggregate amount of 30,000 units. The participation in the offering by these directors constitutes a related party transaction within the meaning of Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. In connection with the participation by the directors, the company relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value (as determined under MI 61-101) of the participation did not exceed 25 per cent of the market capitalization of the company (as determined under MI 61-101). On Behalf of the Board of Directors of PEZM GOLD INC. “Arness Cordick” Chief Executive Officer