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Gungnir Resources Inc. 
Listed Company 

GUNGNIR RESOURCES INC. ("GUG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 14, 2015:

Number of Shares: 6,200,000 shares

Purchase Price: $0.01 per share

Warrants: 6,200,000 share purchase warrants to purchase 6,200,000 shares

Warrant Exercise Price: $0.05 for a five year period

Number of Placees: 8 Placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
Chris Robbins Y 1,000,000
Jari Paakki Y 1,000,000
Garett MacDonald Y 500,000
Todd Keast Y 500,000

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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