NEUTRISCI INTERNATIONAL INC. ("NU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 8, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2017:
Number of Shares: 3,333,000 shares
Purchase Price: $0.12 per share
Warrants: 3,333,000 share purchase warrants to purchase 3,333,000 shares
Warrant Exercise Price: $0.20 for an 18 month period
Number of Placees: 4 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
AlphaNorth Partners Fund Inc. Y 2,083,000
Aggregate Pro Group Involvement P 750,000
[1 Placee]
Finder's Fee: AlphaNorth Asset Management $17,497 cash and 145,810 Warrants payable.
Leede Jones Gable Inc. $10,500 cash and 87,500 Warrants payable.
-Each Warrant is exercisable into one common share at $0.20 for 18 months from closing.
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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