TERRENO RESOURCES CORP. ("TNO.H") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 15, 2017 NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 27, 2017:
Number of Shares: 3,000,000 shares
Purchase Price: $0.05 per share
Warrants: 3,000,000 share purchase warrants to purchase 3,000,000 shares
Warrant Exercise Price: $0.05 for a one year period
Number of Placees: 6 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Totus Inc. (Richard Patricio) Y 500,000 Aggregate Pro Group Involvement P 100,000 [1 Placee]
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on February 10, 2017. ________________________________________
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