Shoal Point Energy Announces Closing of Private Placement
Shoal Point Energy Announces Closing of Private Placement
Two directors of the Company are subscribers for Units in the Private Placement, and as such those director's portions constitute a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Their participation in the Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 because the fair market value of the subject matter of the transaction does not exceed 25% of the Company's market capitalization. Vancouver, British Columbia--(Newsfile Corp. - April 2, 2024) - Shoal Point Energy Ltd. (CSE: SHP) today announced the closing of the Company's previously announced (February 15 2024) non-brokered Private Placement. A total of 6,176,870 units were placed for total gross proceeds of $308,844.00.
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2024年4月2日）-Shoal Point Energy Ltd （案例：船只） 今天宣布完成公司先前宣布（2024年2月15日）的非经纪私募配售。共投放了6,176,870个单位，总收益为308,844.00美元。
Each unit, priced at $0.05 per Unit, consisted of one share and one share purchase warrant. Each full warrant is exercisable at a strike price of $0.07 with an expiry on the third anniversary of the date of closing of the transaction. These proceeds will be used for general working capital.
每个单位的价格为每单位0.05美元，包括一股和一份股票购买权证。每份完整认股权证可按0.07美元的行使价行使，到期日为交易结束之日三周年。这些收益将用于一般营运资金。
A finders fee of $3,750.00 and 75,000 Finders Warrants were paid for a portion of the placement.
为部分配售支付了3,750.00美元的发现者费和75,000份Finders认股权证。
Two directors of the Company are subscribers for Units in the Private Placement, and as such those director's portions constitute a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Their participation in the Private Placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 because the fair market value of the subject matter of the transaction does not exceed 25% of the Company's market capitalization.
该公司的两名董事是私募股权的认购者，因此，这些董事的部分构成了多边文书61-101——在特别交易中保护少数股权持有人（“MI 61-101”）下的关联方交易。他们参与私募不受MI 61-101的正式估值和少数股东批准要求的约束，因为交易标的的的公允市场价值不超过公司市值的25％。
For further information, please contact:
Mr. Mark Jarvis, Chief Executive Officer
Tel - 604 681 2300
欲了解更多信息，请联系：
首席执行官马克·贾维斯先生
电话-604 681 2300
On behalf of the Board of Directors,
我代表董事会，
Shoal Point Energy Ltd.
Shoal Point Energy
"Mark Jarvis"
“马克·贾维斯”
Mark Jarvis, CEO
首席执行官马克·贾维斯
The Canadian Securities Exchange (CSE) has neither approved nor
disapproved the contents of this news release.
加拿大证券交易所（CSE）既没有批准也没有批准
不赞成本新闻稿的内容。
