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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sitka Health | STH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 142.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 142.00 | 142.00 |
| Top Posts |
|---|
Posted at 18/3/2022 21:35 by stu31 Stelmine Completes $2.5 Million Private Placement and Announces Strategic Investment by Michael Gentile, CFAQuebec City, December 9, 2021– Stelmine Canada (TSXV: STH) (“StelmineR In conjunction with the offering, Michael Gentile has acquired 5,785,500 units of the Company with each unit comprising one common share of Stelmine and one-half of a common share purchase warrant representing approximately 9.9% of the issued and outstanding common shares of the Company on a partially diluted basis assuming full exercise of his warrants. Stelmine CEO Ms. Isabelle Proulx commented: “We are very excited to welcome Michael Gentile as a major new investor. Michael's support comes at a pivotal time for the Company as we build out the Stelmine team in anticipation of initial results and more drilling at Courcy followed by maiden drilling at our very promising Mercator Project. Michael’s confidence supports our strong belief that we’re on track to prove the viability of a new gold district in Quebec.” Michael Gentile, CFA Mr. Gentile who has an extensive institutional money management background is an active and strategic investor in the junior mining sector owning significant stakes in over 20 small cap exploration companies. Michael is currently a strategic advisor to Arizona Metals (AMC-V) and a director of Northern Superior Resources (SUP-V), Roscan Gold (ROS-V), Radisson Mining Resources (RDS-V) and Solstice Gold (SGC-V). Flow-Through Private Placement Details The Company issued a total of 10,638,297 FT Units at a price of $0.235 per FT Unit. Each FT Unit consisted of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one-half of a non-flow-through common share purchase warrant (each whole warrant, a “Warrant” The Company intends to use the net proceeds of the Offering for continued exploration at Courcy and Mercator, specifically to incur “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada). |
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