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.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024年4月2日）-Shoal Point Energy Ltd （案例：船隻） 今天宣佈完成公司先前宣佈（2024年2月15日）的非經紀私募配售。共投放了6,176,870個單位，總收益爲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.
每個單位的價格爲每單位0.05美元，包括一股和一份股票購買權證。每份完整認股權證可按0.07美元的行使價行使，到期日爲交易結束之日三週年。這些收益將用於一般營運資金。
A finders fee of $3,750.00 and 75,000 Finders Warrants were paid for a portion of the placement.
爲部分配售支付了3,750.00美元的發現者費和75,000份Finders認股權證。
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.
該公司的兩名董事是私募股權的認購者，因此，這些董事的部分構成了多邊文書61-101——在特別交易中保護少數股權持有人（“MI 61-101”）下的關聯方交易。他們參與私募不受MI 61-101的正式估值和少數股東批准要求的約束，因爲交易標的的的公允市場價值不超過公司市值的25％。
For further information, please contact:
Mr. Mark Jarvis, Chief Executive Officer
Tel - 604 681 2300
欲了解更多信息，請聯繫：
首席執行官馬克·賈維斯先生
電話-604 681 2300
On behalf of the Board of Directors,
我代表董事會，
Shoal Point Energy Ltd.
Shoal Point Energy
"Mark Jarvis"
“馬克·賈維斯”
Mark Jarvis, CEO
首席執行官馬克·賈維斯
The Canadian Securities Exchange (CSE) has neither approved nor
disapproved the contents of this news release.
加拿大證券交易所（CSE）既沒有批准也沒有批准
不贊成本新聞稿的內容。
