URACAN RESOURCES LTD. ("URC") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 3, 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:
SECOND TRANCHE:
Number of Shares: 4,304,000 shares
Purchase Price: $0.05 per share
Warrants: 352,000 share purchase warrants to purchase 352,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 4 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 [ 2 Placees] 1,100,000
Finder's Fee: $7,000 payable to Secutor Capital Management Corporation $5,412 payable to Canaccord Genuity Corp.
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