URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 28, 2014
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 November 19, 2013:
Number of Shares: 530,000 flow-through shares
3,600,000 non-flow-through shares
Purchase Price: $0.10 per share
Warrants: 1,800,000 share purchase warrants to purchase 1,800,000 shares
Warrant Exercise Price: $0.15 for a one year period
Number of Placees: 25 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Gordon Keep Y 150,000 NFT
Aggregate Pro Group Involvement P 490,000 NFT
[5 placees] 100,000 FT
Finder's Fee: $11,940 payable to Jordan Capital Markets Inc.
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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