MEDX HEALTH CORP. ("MDX")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: May 3, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced March 9, 2017:
Number of Shares: 6,948,333 shares
Purchase Price: $0.12 per share
Warrants: 6,948,333 share purchase warrants to purchase 6,948,333 shares
Warrant Exercise Price: $0.20 for a three year period
Number of Placees: 37 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 1,203,833
[7 Placees]
Agent's Fee: An aggregate of $48,044 in cash and 400,365 broker warrants payable to Wildlaw Capital Markets Inc., Altus Securities Ltd. and Raymond James Ltd. Each broker warrant entitles the holder to acquire one unit at $0.12 for a three year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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