RIZAL RESOURCES CORPORATION ("RZL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 2, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 19,708,100 shares at a deemed price of $0.05 per share and 19,708,100 share purchase warrants to settle outstanding debt for $985,405.00.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Yuzheng Xie Y $985,405 $0.05 19,708,100
Warrants: 19,708,100 share purchase warrants to purchase 19,708,100 shares
Warrant Exercise Price: $0.05 for a three year period
The Company shall issue a news release when the shares are issued and the debt extinguished.
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