Northway Closes $690,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2019) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to announce that it has closed its previously announced private placement of 6,900,000 common shares (each a "Share") issued at a price of $0.10 per Share, for aggregate gross proceeds of $690,000. A cash commission equal to $46,200 was paid to Sprott Global Resource Investments Ltd. ("Sprott"). In addition, Sprott received 462,000 non-transferable warrants to...
2019-08-28 4:53 PM EDT
Northway Closes Initial Public Offering
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Northway Resources Corp. (TSXV: NTW) (the "Company") is pleased to announce that it has completed its initial public offering of 18,486,000 common shares (each a "Share") issued at a price of $0.10 per Share. This generated aggregate gross proceeds of $1,848,600 pursuant to a prospectus dated July 30, 2019 (the "Prospectus"). A cash commission equal to 7% of the gross proceeds of the offering was paid to the Company's agents,...
2019-08-26 9:00 AM EDT