DESERT GOLD VENTURES INC. ("DAU")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 11, 2017:
Second Tranche:
Number of Shares: 1,360,000 shares
Purchase Price: $0.25 per share
Warrants: 1,360,000 share purchase warrants to purchase 1,360,000 shares
Warrant Exercise Price: $0.30 for a five year period
Number of Placees: 12 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Jared Scharf Y 320,000
Sonny Janda Y 320,000
Aggregate Pro Group Involvement P 30,000
[1 Placee]
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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