CAMROVA RESOURCES

EXISTING SHAREHOLDER FINANCING

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What's Going On

Camrova Resources is raising capital (the “Financing”) for general working capital and to conduct due diligence in connection with a potential acquisition of certain small mining and plant assets presently producing copper in Chile. As with all public companies, Camrova must comply with all securities regulations, and so must rely upon a prospectus or a prospectus exemption to issue the shares from treasury.

In any financing, multiple prospectus exemptions can be used at one time, which allows different investors with different characteristics to all participate on the same terms. This ensures all shareholders are treated equally and fairly. Here, in this Financing, one of the prospectus exemptions on which Camrova shall rely is the Existing Shareholder Exemption. If you’re not an Existing Shareholder, you might still be able to participate under another exemption, such as the Accredited Investor Exemption.


The Terms of the Financing

Camrova disclosed the Financing terms on April 3, 2018.

Camrova intends to issue up to 6,250,000 Units at a price of $0.08 per Unit, for a gross total of $500,000, with each Unit consisting of one common share and one 24-month common share purchase warrant exercisable at 15 cents. The warrants will be subject to an acceleration clause, so please read the press release carefully for those terms. There is no minimum subscription amount.

A finder’s fee of up to 7% cash-and-7% broker warrants will be paid to participating registrants.


Who qualifies?

One of the only preconditions to participating in the Existing Shareholder Financing is that you had to be a Camrova shareholder on the Record Date, which the board set as April 2nd, 2018. If you owned even one Camrova share on that date, you can invest in this Financing. But as we said above, if you’re not an Existing Shareholder, you might still be able to participate under another exemption, such as the Accredited Investor Exemption. Please download the Subscription Agreement below and follow its instructions.


What are the Investment Limits?

  • Upper Limit: You may purchase any dollar amount of Camrova shares up to $15,000 in any one year. If, in addition, a shareholder shows proof on the subscription form that he or she has obtained suitability advice from a financial advisor, then that $15,000 limit disappears and the investor can invest any amount.

  • Lower Limit: There is no minimum subscription amount per shareholder or for the Financing overall. Camrova intends to close upon any amount raised under this Financing.

  • Residency Limits: 
    • This financing is open to Camrova shareholders who reside in Canada and other countries.

    • There is a restriction on the number of residents of the USA who may participate. If you are a USA resident, the subscription document will be slightly different. Please let us know and a subscription document that is specific to the USA will be sent to you.

  • Hold Period: Shares purchased in the financing would have a hold of four months and one day – i.e. the shares can’t be traded until four months after the financing.


How it works...

  • You can contact us if you need any help in completing the subscription document. The main point of contact is Camrova’s Chief Financial Officer, Mr. Krishn Misir.

  • The subscription document for Canadian residents (which is about 30 pages long) is available here on Camrova’s website. Please follow the directions on that form.

  • If you are a resident of the United States, please so indicate your country of residence and Mr. Misir will send you the appropriate subscription document.

  • Once Camrova receives your signed agreement, Camrova will countersign the agreement and arrange with you for the payment of your funds to Camrova. Camrova will also arrange for the delivery to you of certificates representing your shares and warrants.

  • Payment to Camrova can be made by cheque or wire transfer.


All of Camrova’s public documents (such as press releases, financial statements, MD&A, and technical reports) can be found here at SEDAR:  Camrova Resources Inc. Profile. You are encouraged to read those as part of your own due diligence review.


Shareholder Indication of Interest

Please use the following form to let us know you are interested in Camrova's Existing Shareholder Financing. The subscription document is slightly different for residents of the United States so please be sure to accurately indicate your country of residence and we will send you a link to the appropriate subscription agreement for completion.





Contact

55 York Street

Toronto, Ontario

M5J 1R7


Investor Relations Contact

Tom Ogryzlo

1-604-685-2323

info@camrovaresources.com