URACAN RESOURCES LTD. ("URC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 23, 2014 and November 7, 2014:
Number of Shares: 14,603,332 flow-through shares
11,747,030 non-flow-through shares
Purchase Price: $0.06 per flow-through share
$0.05 per non-flow-through share
Warrants: 4,845,000 share purchase warrants to purchase 4,845,000 shares
Warrant Exercise Price: $0.07 for a one year period
Number of Placees: 26 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Gordon Keep Y 333,333 FT
Tom Garagan Y 335,000 FT
Mark Corra Y 200,000 NFT
Clive Johnson Y 3,640,000 NFT
3,333,333 FT
GJS Capital Corp. (G.Sedun) Y 200,000 NFT
Aggregate Pro Group Involvement P 3,001,667 FT
[5 placees] 500,000 NFT
Finder's Fee: $8,700 payable to BMO Nesbitt Burns
$1,440 payable to Canaccord Genuity Corporation
$18,000 payable to Secutor Capital Management Corp.
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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