#PistolBayMining $PST closed a $563,450 private placement and will issue 10.23m units at a price of $0.05 per unit consisting of one common share and one whole warrant, warrant priced at
$0.075 per share for 12 months from the date or closing. 5,195,000 units a flow-through were issued priced at $0.06 per unit consisting of one common share and one-half of one whole warrant priced at $0.09 per share for 12 months. Cash commission of $20,970 was paid and 196,000 broker warrants were issued.
dynaCERT (TSX.V-DYA) announced the payment of $1,132,801.50 to a company controlled by a former director, representing all of the outstanding principal amount owing under the previously provided loans. This was funded by the private company exercising an aggregate of 13,828,015 warrants at an exercise price of $0.10 per share. dynaCERT has received net $250,000 in warrant exercise proceeds and now has 175,996,154 common shares issued and outstanding, in addition to 15,898,531 warrants that remain outstanding with a weighted average exercise price of $0.17 per share.
Cleaning up the balance sheet very nicely…
dynaCERT (TSXV-DYA) has closed a 5,370,000 unit private placement for gross proceeds of $537,000.00. Each unit is priced at $0.10 per common share and one-half on one common share purchase warrant with each whole warrant being exercisable into one common share at a price of $0.15 for a two year period. The use of proceeds will be used for general working capital and research and development.
New CFO Appointed – Gordon J. Barr, CPA, CA, Bsc brings over 30 years of financial and accounting experiences to his role at dynaCERT.
Also, 3,959,000 stock options were granted to directors, consultants and employees. 2,225,000 options vest immediately and entitle the holder to purchase one common share at a price of $0.10. 1,734,000 were granted to current consultants and employees which will vest over a period of 36 months.