BELL COPPER CORPORATION ("BCU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 22, 2020
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 20, 2020:
Number of Shares: 5,687,390 shares
Purchase Price: $0.15 per share
Warrants: 5,687,390 share purchase warrants to purchase 5,687,390 shares
Warrant Exercise Price: $0.25 for one year period
Number of Placees: 20 Placees
Insider / Pro Group Participation:
Name
Insider=Y / ProGroup=P
Number of Shares
Robinson Bosworth III
N/A
665,727
Earl Elam
N/A
1,737,666
Greg Steers
P
334,000
Doug Pollitt P 133,333
Finder's Fee: Received an aggregate of $1800 in cash - Industrial Alliance Securities Inc.
Each non-transferable Broker Warrants are exercisable into one common share at a price of $0.25 for a period of one years.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated September 22, 2020 announcing the closing of the private placement and setting out the expiry dates of the hold periods. 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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