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Phenom Resources Corp. — Capital/Financing Update 2022
Oct 31, 2022
46001_rns_2022-10-31_866aab10-60f5-4cbe-936f-6ba74e6f7177.pdf
Capital/Financing Update
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Form 51-102F3 Material Change Report
Item 1: Name and Address of Company
Phenom Resources Corp. 1100 - 1199 West Hastings Street Vancouver, BC V6E 3T5
Item 2:
Date of Material Change
October 21, 2022
Item 3: News Release
News Release dated October 21, 2022 disseminated via Newsfile Corp.
Item 4: Summary of Material Change
On October 21, 2022, the Company announced it had closed the first tranche (the “First Tranche”) of its nonbrokered private placement (the “Offering”) previously announced on October 3, 2022. Under the First Tranche, the Company has issued 4,090,334 Units for gross proceeds of $1,227,100.20. In connection with the First Tranche, the Company paid a total of $16,740 as finder’s fees.
The Company’s news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
Item 5: Full Description of Material Change
On October 21, 2022, the Company announced it had closed the first tranche (the “First Tranche”) of its nonbrokered private placement (the “Offering”) previously announced on October 3, 2022. Under the First Tranche, the Company has issued 4,090,334 Units for gross proceeds of $1,227,100.20. In connection with the First Tranche, the Company paid a total of $16,740 as finder’s fees.
All securities issued under the First Tranche are subject to a hold period expiring February 22, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
The Company’s news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
Item 6: Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
N/A
Item 7:
Omitted Information
N/A
Item 8:
Executive Officer
Paul S. Cowley President, CEO and Director Tel: (604) 340-7711
Item 9: Date of Report
October 31, 2022
“Paul Cowley”
Paul Cowley, President & CEO