NYSE Completes Amendments to Shareholder Approval and Related Party Requirements dodd-frank.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dodd-frank.com Daily Mail and Mail on Sunday newspapers.
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The NYSE has amended the Listed Company Manual regarding shareholder approval requirements for the issuance of securities and certain related party matters. The SEC approved the amendments on an accelerated basis.
Prior to the amendment, Section 312.03(b) of the Manual required shareholder approval prior to certain issuances of common stock, or securities convertible into or exercisable for common stock, to:
a director, officer, or substantial security holder of the company (each a “Related Party” for purposes of Section 312.03(b));
a subsidiary, affiliate, or other closely related person of a related party; or
Investegate |Phoenix Copper Ltd Announcements | Phoenix Copper Ltd: Placing and Subscription to raise £16 45 million investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Conquest Resources Limited: Conquest Closes Private Placement
Toronto, Ontario (Newsfile Corp. - December 17, 2020) -
Conquest Resources Limited (TSXV: CQR) is pleased to announce that it has closed the final tranche of its previously announced $850,000 non-brokered private placement flow-through financing.
Conquest today closed the final tranche of the financing involving the placement of 2,325,000 shares at a subscription price of $0.20 per share, to raise gross proceeds of $465,000. Total proceeds raised in the financing was $850,000.
The gross proceeds of the flow through share financing will be used to incur qualifying Canadian exploration expenses , within the meaning of the Income Tax Act (Canada), for drilling and other exploration programs at the Company s Golden Rose and Belfast Project properties in Ontario.