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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Realm Energy International Cp | TSXV:RLM | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Peninsula Merchant Syndications Corp. ("Peninsula") is issuing this press release pursuant to the early warning requirements of applicable securities laws in Canada with respect to Realm Energy International Corporation (the "Issuer" or "RLM"). Pursuant to a private placement, Peninsula has acquired 3,839,000 units of the Issuer (the "Units") at a price of $0.30 per Unit. Each Unit comprises one common share (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire one additional Share of the Issuer at a price of $0.40 per Warrant for a period of two years from the date of issuance. In addition, Peninsula acquired a further 600,000 Units pursuant to a finder's fee arrangement. Peninsula currently owns 4,439,000 Shares of the Issuer representing 7.67% of the current issued and outstanding Shares of the Issuer. Assuming full exercise of the Warrants, Peninsula would hold approximately 14.3% of the issued and outstanding common shares of the Issuer. Peninsula acquired the Units for investment purposes. Peninsula may, depending on market and other conditions, acquire additional securities of the Issuer or dispose of all or any of its securities of the Issuer, through market transactions, private agreements or otherwise. Peninsula Merchant Syndications Corp. is a private merchant bank controlled by Sam Magid. For additional information, or for a copy of the early warning report filed in respect of the above transaction, please see the contact information below.
1 Year Realm Energy International Cp Chart |
1 Month Realm Energy International Cp Chart |
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