HUDSON RESOURCES INC. ("HUD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 21, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 18, 2017:
Number of Shares: 32,266,507 shares
Purchase Price: $0.35 per share
Warrants: 16,133,253 share purchase warrants to purchase 16,133,253 shares
Warrant Exercise Price: $0.50 for a three year period
Number of Placees: 110 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
James Cambon Y 571,428
Jasmine Cambon Y 10,000
Riley Cambon Y 10,000
John C McConnell Y 142,857
Alnesh Mohan Y 100,000
James Tuer Y 150,000
Herbert G.A. Wilson Y 100,000
Peter Flemming Knudsen Y 10,000
John Hick Y 60,000
Aggregate Pro Group Involvement P 6,704,143
[18 Placees]
Finder's Fee: $52,500 payable to Altus Securities
$21,263.40 payable to BMO Nesbitt Burns
$3,150 payable to Canaccord Genuity Corp.
$191,496.02 payable to CIBC Wood Gundy
$2,835 payable to Echelon Wealth Partners
$8,400 payable to Haywood Securities Inc.
$50,954.40 payable to Industrial Alliance Securities
$2,100 payable to PI Financial Corp.
$32,445 payable to RBC Dominion Securities Inc.
$8,400 payable to Thought Launch Capital & Advisory (John A. McMahon)
$7,350 payable to CIBC World Markets
$1,680 payable to Global Maxfin Capital Inc.
$45,000 payable to Raymond James Ltd.
$9,765 payable to Acumen Capital Finance Partners Ltd.
$2,460.02 payable to Chippingham Financial Group Ltd.
The Company issued news releases on February 2, 2017 and February 17, 2017 confirming closing of the private placement. 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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