KAPUSKASING GOLD CORP. ("KAP") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: May 21, 2015 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 20, 2015:
Flow-Through Shares:
Number of FT Shares: 803,000 flow through shares
Purchase Price: $0.075 per flow through share
Warrants: 803,000 share purchase warrants to purchase 803,000 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 2 Years
Non Flow-Through Shares:
Number of Non-FT Shares: 2,085,000 non flow through shares
Purchase Price: $0.0675 per non flow through share
Warrants: 2,085,000 share purchase warrants to purchase 2,085,000 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 2 Years
Number of Placees: 16 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Constance Norman Y 33,000 Aggregate Pro-Group Involvement[2 placees] P 175,000
Finder's Fee: Name Cash Shares Warrants Other Leede Financial Markets Inc. $2,565.00 38,000 Sherbrooke Street Capital $3,960.00 53,600 CIBC Wood Gundy $450.00 6,000
Finder Warrant Initial Exercise Price: $0.10
Finder Warrant Term to Expiry: 24 months from the date of closing
The Company issued a news release on May 19, 2015 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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction. ________________________________________
|
|