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-Typhoon Exploration Inc. - $ 346,500 Flow-through Private Placement

Oct 30, 2020 - ENP Newswire

PIEDMONT - Typhoon Exploration Inc. (TSXV: TYP) ('Typhoon' or 'the Company') announces the closing of a private placement of 5,330,769 flow-through common shares (the 'Flow-Through Shares') at a price of $ 0.065 per share for an aggregate gross proceed of $ 346,500 (the 'Offering').

In connection with the Offering, Typhoon has paid finder fees in cash aggregating $ 16,500 and has issued 253,847 compensation options, each entitling its holder to subscribe for one (1) common share of ...