KAPUSKASING GOLD CORP. ("KAP") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 3, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,440,000 shares to settle outstanding debt for $172,000.
Number of Creditors: 4 Creditors
Insider / Pro Group Participation: Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Dean Nawata Y $60,000 $0.05 1,200,000 Jaelky Holdings Inc. (Andrew Davidson) Y $60,000 $0.05 1,200,000 A.Davidson Business Trust (Andrew Davidson) Y $25,000 $0.05 500,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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