VIRIDIS ENERGY INC. ("VRD") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: May 14, 2013 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the second (and final) tranche of a Non-Brokered Private Placement announced April 3, 2013:
Number of Shares: 20,000,000 shares
Purchase Price: $0.10 per share
Warrants: 10,000,000 share purchase warrants to purchase 10,000,000 shares
Warrant Exercise Price: $0.15 in the first year period $0.20 in the second year $0.25 in the third year $0.30 in the fourth year $0.35 in the fifth year
Number of Placees: 1 placee
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P Cornwall Investments LLC Y
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. ________________________________________
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