SQI DIAGNOSTICS INC. ("SQD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 10, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 22, 2015:
Number of Shares: 5,330,000 shares
Purchase Price: $0.50 per share
Warrants: 5,330,000 share purchase warrants to purchase 5,330,000 shares
Warrant Exercise Price: $0.65 for a three year period
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Cumberland Private Wealth Mgmt. Inc. Y 1,000,000
(portfolio managed)
Wilmot Matthews Y 2,000,000
Hanover Investments Corporation Ltd. Y 2,000,000
(Clive Beddoe)
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.
For further details, please refer to the Company's news release dated July 16, 2015.
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