DLP Resources Announces Non-Brokered Private Placement to be Made
Article content Share“) of the Company and one common share purchase warrant (a “ Warrant“). Each Warrant will entitle the holder to purchase one additional Share of the Company at a price of $0.40 per Share for a period of twelve (12) months from the date of closing. The Warrants are subject to an acceleration clause in the event the trading price of the Shares equals or exceeds $0.50 per Share for a period of ten (10) consecutive days. The Company intends to pay finder’s fees in connection with the Private Placement to certain eligible finders in the form of: (i) a cash commission o...