CHANTRELL VENTURES CORP. ("CV.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 22, 2010
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 10, 2010:
Number of Shares: 1,000,000 shares
Purchase Price: $0.50 per share
Warrants: 500,000 share purchase warrants to purchase 500,000 shares
Warrant Exercise Price: $0.75 for a one year period
Number of Placees: 17 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Anthony P. Fierro P 50,000
Leona Nielsen P 15,000
Marion Nelson P 50,000
Connor Cruise P 10,000
Steven Wright P 15,000
Gary Winters P 20,000
Bryan Henry P 25,000
Todd Eymann P 10,000
James Oleynick P 20,000
Michael Marosits P 25,000
Finder's Fee: 24,500 Finder's Units payable to Axemen Resources.
- Each Finder's Unit consists of one share and one share purchase warrant with the same terms as the Private Placement.
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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