HORIZON PETROLEUM LTD ("HPL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 29, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Private Placement closed July 29, 2016:
Number of Units: 3,200,000 common share Units ("Units").
Each Unit consists of one common share ("Share") and one common share purchase warrant ("Warrant"), exercisable for two years at a price of $0.075
Purchase Price: $0.05
Warrants: 3,200,000
Warrant Exercise Price: $0.075
Number of Placees: 4 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
D.R.R Capital Corp Y 300,000
(David Robinson)
Finder's Fee: PI Financial Corp - Cash payment of $7,200 and 144,000 Finder's Warrants exercisable for two years at $0.075.
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