ROSITA MINING CORPORATION ("RST")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 5, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 22, 2016:
Number of Shares: 17,000,000 shares
Purchase Price: $0.05 per share
Warrants: 17,000,000 share purchase warrants to purchase 17,000,000 shares
Warrant Exercise Price: $0.055 for a two year period
Number of Placees: 49 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 4,960,000
[17 Placee(s)]
Finder's Fee: an aggregate of $24,045, plus 329,910 units (each unit exercisable at a price of $0.05 for a period of 2 years into a common share and one warrant, with each warrant being further exercisable at the same terms as the warrants above), payable to Beacon Securities Limited, Haywood Securities Inc., PI Financial Corp. and Canaccord Genuity Corp.
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.
________________________________________
|
|
