4/A//SEC Filing
Clay Thomas Moragne 4/A
Accession 0001454170-18-000004
CIK 0001025362other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 9:18 AM ET
Size
7.0 KB
Accession
0001454170-18-000004
Insider Transaction Report
Form 4/AAmended
Clay Thomas Moragne
Director
Transactions
- Exercise of In-Money
Common Stock
2018-02-22$0.13/sh+4,851,716$642,852→ 6,658,116 total
Footnotes (3)
- [F1]In November 2017, Golden Queen Mining Co. Ltd (the "Issuer") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Issuer's common shares, as of the record date of December 1, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 188,952,761 of the Issuer's common shares. Record Date Shareholders received one Right for each outstanding common share held on the record date. The Rights entitled their holders to purchase 1.7 new common shares for every Right held. The subscription price per common share was $0.1325 (the "basic subscription privilege"). (see footnote 2)
- [F2]The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $0.1325 per common share, additional common shares of the Issuer, subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The Rights were exercisable until February 20, 2018 at 5:00 p.m. Toronto time. Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privilege based on the number of common shares of the Issuer each of those Rights holders owned on the record date.
- [F3]Due to a clerical error, the Reporting Person is filing this amendment to the Form 4 originally filed on February 26, 2018 to correct the number of common shares of the Issuer acquired by the Reporting Person on February 22, 2018 upon the exercise of the basic subscription privilege and the exercise of the oversubscription privilege. No other changes have been made to the original Form 4.
Documents
Issuer
GOLDEN QUEEN MINING CO LTD
CIK 0001025362
Entity typeother
Related Parties
1- filerCIK 0001454170
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 9:18 AM ET
- Size
- 7.0 KB