QUEST PHARMATECH INC. ("QPT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 21, 2013:
Number of Shares: 10,000,000 common shares
Purchase Price: $0.10 per share
Warrants: 10,000,000 share purchase warrants to purchase 10,000,000 shares
Warrant Exercise Price: $0.15 for a period of two years
Number of Placees: 2 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Units
AD Biotech Co., Ltd. (Hong-Gul Cheong) Y 7,000,000
Hong-Gul Cheong Y 3,000,000
No Finder's Fee
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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