Private Placements
Charger Resource Corp.
Raise of up to $800,000
Up to 1,600 Retractable Preferred Shares
Each Retractable Preferred Share is priced at $500
Retraction: Subject to the Company acquiring the Lincoln Property, at any time after the Company has received at least two thousand (2,000) ounces of gold mined from the Property from mining or any streaming, lease or other agreement, any holder of a Retractable Preferred Share may require Charger to purchase from the holder the whole of the Retractable Preferred Shares held by such holder by payment of one (1) ounce of gold for each Retractable Preferred Share.
Optional Conversion: At anytime up to 5 years from the issuance of the Retractable Preferred Shares, the holders of Retractable Preferred Shares may exchange each Retractable Preferred Share, which has not been previously retracted, for 500 Common Shares of Charger.
Automatic Conversion: If Charger’s common shares become listed on a recognized exchange, any Retractable Preferred Shares which have not been retracted or otherwise converted, will immediately convert to Units at no cost to the holder. Each Unit will consist of one common share and one share purchase warrant. The number of Units per Retractable Preferred Share will be $500 divided by a price equal to the maximum discount allowed by the Exchange with the warrant exercise price equal to 1.25 times the initial listing price of the Issuer’s shares on the recognized exchange. The warrants may be exercised for up to 2 years after the issue date.
Securities issued under this Offering will be subject to a standard 4 month hold period
This Offering is available to subscribers who qualify as accredited investors and, as well, under crowdfunding exemptions at Ascenta Opportunities
Indrocorp Technologies Inc.
Raise of up to $3,000,000
Up to 6,000,000 units (each a “Unit”) priced at $0.50 per Unit
Each Unit consists of one common share (each a “Share”) and one half of one share purchase warrant (each whole warrant, a “Warrant”)
Each Warrant is exercisable at a price of $1.00 for a period of 24 months from the Company listing its shares on a recognized stock exchange
In the event that the Company’s shares are not listed to trade on a recognized stock exchange within 9 months of the closing of the Financing, subscribers to the financing will receive 20% in bonus shares (for example, a subscriber who subscribed for 100,000 units in the private placement will receive an additional 20,000 common shares in the Company)
This Offering is available to subscribers who qualify as accredited investors.
Securities issued under this Offering will be subject to a standard 4 month hold period and, as well, these securities are subject to a voluntary 6 month hold period from the date of listing. The two hold periods run concurrently so the maximum hold period is 6 months from listing