Signature Resources Ltd. announced that it has received CAD 2.447336 million in funding
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 28 placees and insiders such as Lisa G. Davis, for 1,428,572 shares; Paolo Lostritto, for 3,095,239 shares; John Hayes for 1,450,000 shares; Donna McLean for 166,667 shares; Robert Vallis for 1,000,000 shares; Stephen Timms for 325,000 shares; and John D. Denbow for 3,400,000 shares. The company paid finder's fee to Amvest Capital for CAD 8,261.40 in cash and issued 137,690 finder warrants. Each finder warrant is exercisable into one common share at CAD 0.10 until March 9, 2023. The company raised CAD 553,544.439 pursuant to Regulation D from 3 investors.