PLATINEX INC. ("PTX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 1, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 15, 2016 and November 22, 2016:
Number of Shares: 4,580,000 shares
Purchase Price: $0.10 per share
Warrants: 4,580,000 share purchase warrants to purchase 4,580,000 shares
Warrant Exercise Price: $0.125 in the first year
$0.20 in the second, third, fourth and fifth years
Number of Placees: 15 Placees
Finder's Fee: An aggregate of $19,460 in cash and 194,600 finders' warrants payable to Leede Jones Gable Inc., GMP Securities LP, Echelon Wealth Partners Inc., Raymond James Ltd. and Mackie Research Capital Corporation. Each finder's warrant entitles the holder to acquire one unit at $0.10 for a two year period.
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 650,000
[3 Placees]
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a new release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). ____________________________________
|
|
