URACAN RESOURCES LTD. ("URC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 12, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 24, 2016:
FIRST TRANCHE:
Number of Shares: 28,127,500 shares
Purchase Price: $0.05 per share
Warrants: 6,063,750 share purchase warrants to purchase 6,063,750 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 42 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Clive Johnson Y 6,500,000 Gordon Keep Y 1,500,000 Tom Garagan Y 600,000 Fiore Management & Advisory Y 1,600,000
Aggregate Pro Group Involvement [ 9 Placees] 4,650,000
Finder's Fee: $9,593.25 payable to Secutor Capital Management Corporation $7,500 payable to Haywood Securities Inc. $2,250 payable to PI Financial Corp. $8,400 payable to BMO Nesbitt Burns $6,750 payable to Raymond James Ltd. ________________________________________
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