ABEN RESOURCES LTD. ("ABN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 1, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Oct 11, 2016:
Number of Shares: 9,333,333 shares
Purchase Price: $0.075 per share
Warrants: 9,333,333 share purchase warrants to purchase 9,333,333 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 2 Years
Number of Placees: 35 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Tim Termuende Y 200,000
James Pettit Y 150,000
Ronald Netolitzky Y 200,000
Aggregate Pro-Group Involvement [2 Placees] P 1,123,333
Finder's Fee:
PI Financing Corp. $4,515.00 cash; 60,200 warrants
Haywood Securities Inc. $4,147.50 cash; 55,300 warrants
Canaccord Genuity Corp. $1,575.00 cash; 21,000 warrants
Leede Jones Gable Inc. $5,477.50 cash; 73,033 warrants
Finder Warrant Initial Exercise Price: $0.10
Finder Warrant Term to Expiry: 2 yrs
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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