MAX RESOURCES CORP. ("MXR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 27, 2017 and April 4, 2017:
Number of Shares: 4,293,000 shares
Purchase Price: $0.075 per share
Warrants: 4,293,000 share purchase warrants to purchase 4,293,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 23 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
IO Corporate Services Ltd. (Mark Gelmon) Y 68,000
Paul John Y 250,000
West Oak Capital Group, Inc. (Stuart Rogers) Y 370,000
Aggregate Pro Group Involvement P 1,117,500
[6 Placees]
Finder's Fee: Mackie Research Capital Corporation $3,963.75 cash payable.
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. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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