Form D · Other
Avnel Gold Mining Ltd
St. Peter Port, Y7 · CIK 0001614609
Offering snapshot reported Aug 27, 2014 · SEC filing
- Reported sold
- $1.12M Offering amount: $13.7M
- Investors reported
- 2 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jul 17, 2014 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$864,875 → $1,115,968
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Aug 27, 2014 | Amendment | $1,115,968 | $251,093vs Aug 11, 2014 | 2 | SEC filing |
| Aug 11, 2014 | Amendment | $864,875 | $0vs Jul 23, 2014 | 2 | SEC filing |
| Jul 23, 2014 | Initial | $864,875 | No comparison | 2 | SEC filing |
Offering details
- Securities
- Equity, Option to acquire, Security to be acquired, Other
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $100K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-221619
The additional $12,570,706 may be received upon the exercise of share purchase warrants sold inside and outside the U.S. U.S. dollar amounts are based on the Bank of Canada noon rate of exchange reported on July 17, 2014, which was Cdn$1.0753=US$1.00.
Each unit is comprised of one ordinary share and one share purchase warrant. Each warrant is exercisable for one ordinary share at an exercise price of Cdn$0.20 for a period of 30 months, subject to acceleration.
The agent also received approximately 720,000 share purchase warrants exercisable for ordinary shares of the issuer at an exercise price of $0.20 for a period of 24 months.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Haywood Securities (USA) Inc. | 42072 | Haywood Securities Inc. |
| Andrew Garrett Inc. | 29931 |
Source: Form D, filed Aug 27, 2014. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Anthony M. Bousfield | Director |
| Olivier Femenias | Executive |
| Ibrahim Kantao | Director |
| Ibrahun Kantao | Director |
| John Kearney | Director |
| Derek Kyle | Director |
| Alan Mc Farlane | Executive |
| Roy J. R. Meade | Director, Executive |
| Howard B. Miller | Director, Executive |
| Jonas U. Rydell | Director |
Issuer details
Industry: Other (See others in industry)
Address:
22 Smith Street
St. Peter Port, Y7, GY21 2JQ
St. Peter Port, Y7, GY21 2JQ