WOULFE MINING CORP. ("WOF")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: September 7, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced August 14, 2012:
Number of Shares: 26,150,000 shares (of which 5,000,000 are non-brokered)
Purchase Price: $0.20 per share
Warrants: 13,075,000 share purchase warrants to purchase 13,075,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 11 placees
Insider / Pro Group Participation:
Name ProGroup=P / # of Shares
First State Investments UK - FSGR Fund Y 330,190
First State Investments UK - GLRS Fund Y 1,718,004
Colonial First State Asset Management (Australia) Ltd.
(Portfolio managed) Y 2,951,806
Dundee Corporation P 20,000,000
Jaguar Financial Corp. P 175,000
Bryan Paul P 35,000
Desjardin Securities Inc. P 250,000
Normand Ouellette P 125,000
Agent's Fee: Dundee Securities Ltd. will receive an Agent's fee of $211,500 and Agent's warrants to acquire 1,057,000 units at $0.20 per unit for a period of two years.
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.