2012-04-09 17:53 PT - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Altair Ventures Inc. announced Jan. 16, 2012:
Number of shares: 12,016,142 shares
Purchase price: 22 cents per share
Warrants: 6,008,071 share purchase warrants to purchase 6,008,071 shares
Warrant exercise price: 33 cents for a one-year period; the warrants are subject to an accelerated exercise provision in the event the company shares trade greater than 45 cents per share for more than 20 consecutive trading days
Placees: 75
Insider: Platoro Resources Corp. (Robert A. Archer) 500,000
Pro group: Canaccord Genuity Corp. (Dax Naples) 12,000
Finders' fees: Jordan Capital Markets will receive $20,640.19 and 93,819 finder's warrants that are exercisable into common shares at 33 cents per share for a one-year period. Leede Financial Markets Inc. will receive $8,885.80 and 40,390 finder's warrants that are exercisable into common shares at 33 cents per share for a one-year period. Canaccord Genuity Corp. will receive $38,269.00 and 173,950 finder's warrants that are exercisable into common shares at 33 cents per share for a one-year period. Macquarie Private Wealth Inc. will receive $1,540 and 7,000 finder's warrants that are exercisable into common shares at 33 cents per share for a one-year period. C&D Finanz AG will receive $4,620 and 21,000 finder's warrants that are exercisable into common shares at 33 cents per share for a one-year period.