KOLA MINING CORP. ("KM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 8, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 30, 2013 and November 7, 2013:
Number of Shares: 658,800 shares
Purchase Price: $0.07 per share
Warrants: 329,400 share purchase warrants to purchase 329,400 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 6 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Chase Management Ltd. (Nick De Mare) Y 183,000
Henstridge Family Superfund (David Henstridge) Y 183,000
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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