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BlockMint Technologies Inc. — Capital/Financing Update 2020
Aug 29, 2020
44305_rns_2020-08-28_e8587dbb-82d2-4f66-8bc9-acfa40076298.pdf
Capital/Financing Update
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FORM 51-102F3 MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
ESKAY MINING CORP. (the “Company” or “Eskay”) 82 Richmond Street East Toronto, Ontario M5C 1P1
Item 2. Date of Material Change
The material change took place on August 19, 2020.
Item 3. News Release
The News Release was disseminated on August 21, 2020 through Accesswire.
Item 4. Summary of Material Change
On August 21, 2020, the Company announced the closing of its non-brokered private placement (the “ Offering ”) with the sale of 3,500,000 flow-through units (the “ FT Units ”) at a price of $0.645 per FT Unit for $2,257,500 and 2,559,444 working capital units (“ WC Unit ”) at a price of $0.45 per WC Unit for $1,151,750. The Company raised an aggregate of $3,409,250pursuant to the Offering.
Item 5. Full Description of Material Change
Each FT Unit comprises one (1) common share of the Company and one (1) common share purchase warrant. Each full warrant (a “ Warrant ”) entitles the holder to acquire one (1) common share at a price of $0.80 until August 19, 2022.
Each WC Unit comprises one (1) common share of the Company and one (1) common share purchase warrant. Each full warrant (a “ WC Warrant ”) entitles the holder to acquire one (1) common share at a price of $0.80 until August 19, 2022.
All securities issued are subject to a statutory hold period expiring on December 20, 2020.
Item 6. Reliance on Subsection 7.1(2) of National Instrument 51-102
Confidentiality is not requested.
Item 7. Omitted Information
No information has been omitted in respect of the material change.
Item 8. Executive Officer
Hugh M. Balkam, President & C.E.O. [email protected] 416-907-6151
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Item 9.
Date of Report
August 28, 2020
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