NATURALLY SPLENDID ENTERPRISES LTD. ("NSP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 24, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 16, 2017:
Number of Shares: 12,191,669 shares
Purchase Price: $0.15 per share
Warrants: 6,095,835 share purchase warrants to purchase 6,095,835 shares
Warrant Exercise Price: $0.22 for a two year period
Number of Placees: 30 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
1096210 BC Ltd. (David Eto) Y 133,334
Brian Richardson Y 133,000
1105953 BC Ltd. (Craig Goodwin) Y 833,333
Kal-Mad Enterprises Inc. (Bryan Carson) Y 833,333
Finder's Fee: Haywood Securities Inc. $2,004 cash and 13,360 Finder's Warrants payable.
Canaccord Genuity Corp. $1,596 cash and 10,640 Finder's Warrants payable.
-Each Finder Warrant is exercisable into one common share at $0.22 for two years from closing.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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