KAPUSKASING GOLD CORP. ("KAP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 12, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 27, 2016:
Flow-Through Shares:
Number of FT Shares: 2,743,334 flow through shares
Purchase Price: $0.06 per flow through share
Warrants: 2,743,334 share purchase warrants to purchase 2,743,334 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 18 Months
Non Flow-Through Shares:
Number of Non-FT Shares: 1,640,000 non flow through shares
Purchase Price: $0.05 per non flow through share
Warrants: 1,640,000 share purchase warrants to purchase 1,640,000 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 18 Months
Number of Placees: 19 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Jaelky Holdings Ltd. Y 300,000
(Andrew Davidson)
Jonathan Armes Y 100,000
James Fairbairn Y 83,500
Marie Constance Norman Y 60,000
Aggregate Pro-Group Involvement [4 Placees] P 1,416,500
Finder's Fee:
PI Financial Corp. $799.20 cash
Sherbrooke Street Capital Inc. $5,760.00 cash
The Company issued a news release on July 11, 2016 confirming the 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.
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