Zazu Metals

Zazu Metals Warrants
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Zazu Metals
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Name - Zazu Metals

Address: 2500 - 120 Adelaide St W  Toronto  ON  M5H 1T1

Phone: 416 777 6772  Fax: 416 352 5693
Website -
http://www.zazumetals.com

Warrant Symbol - ZAZ.WT
Number  Trading -
3,285,714
Expiration Date -
Dec. 19, 2012
Cusip - 
989197 11 6
Warrants called to trade news:

 

Zazu Metals to list on TSX on Dec. 19

 

2007-12-17 19:20 MT - New Listing

TSX bulletin 2007-1771

An application has been granted for the original listing in the mining category of up to 42,133,886 common shares and up to 3,285,714 common share purchase warrants of the company, of which up to 11,065,857 common shares and up to 2,857,143 warrants will be issued and outstanding, and up to 31,068,029 common shares and up to 428,571 warrants will be reserved for issuance upon completion of a public offering.

Listing of the common shares and warrants will become effective at 5:01 p.m. on Tuesday, Dec. 18, 2007, in anticipation of the closing of the offering on Wednesday, Dec. 19, 2007. The common shares and the warrants, other than those which have not been distributed to the public, will be posted for trading at the open on Wednesday, Dec. 19, 2007.

The company is subject to the reporting requirements of Section 501 of the TSX company manual.

Additional information on the common shares and warrants may be found in the company's prospectus dated Dec. 12, 2007, which is available at www.sedar.com. Capitalized terms not otherwise defined are as defined in the final prospectus.

 

Common share symbol:  ZAZ

Common share Cusip No.:  989197 10 8

Common share trading currency:  Canadian dollars

 

Warrant symbol:  ZAZ.WT

Warrant Cusip No.:  989197 11 6

 

Warrant trading currency:  Canadian dollars

 

Temporary market-maker:  Research Capital Corp.

Other markets:  Not applicable

Incorporation:  The company was incorporated under the Canada Business Corporations Act on Nov. 29, 2006.

 

Fiscal year-end:  Dec. 31

Nature of business:  The company is a Canadian-based exploration company established to acquire an interest in a zinc, lead and silver exploration property, known as the LIK property, located in Alaska, and is focused on developing and bringing the property into production. The company currently holds a 50-per-cent interest in the LIK property through its wholly owned subsidiary, Zazu Metals (Alaska) Corp., and has the right to earn up to a further 30-per-cent interest in such property.

 

 

Transfer agent and registrar:  Olympia Transfer Services Inc. at its principal office in Toronto, Ont.

 

 

Dividends:  The company does not anticipate paying dividends in the foreseeable future.

 

 

Public offering:  Pursuant to the terms of the prospectus, up to 5,714,286 units are being offered to the public at a price of $1.75 per unit by Raymond James Ltd., Dundee Securities Corp., Paradigm Capital Inc., Cormark Securities Inc. and MGI Securities Inc., as agents. Each unit consists of one common share and half warrant. In addition, the agents have been granted an overallotment option to purchase up to 15 per cent of the number of units sold pursuant to the offering. The units will separate immediately on closing of the offering.

 

 

Warrants:  Each warrant will entitle the holder to purchase one common share at a price of $2.25 per share for a period of five years from the date of closing of the offering. The warrants will be governed by the terms of a warrant indenture dated Dec. 19, 2007, between the company and Olympia Transfer Services Inc.