BREAKING DATA CORP. ("BKD")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 8, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced October 7, 2016:
Number of Shares: 27,777,700 shares
Purchase Price: $0.18 per share
Warrants: 27,777,700 share purchase warrants to purchase 27,777,700 shares
Warrant Exercise Price: $0.24 for a two year period
Number of Placees: 57 Placees
Underwriter's Fee: An aggregate amount of $349,999 in cash and 1,944,439 broker warrants payable to Clarus Securities Inc. and Haywood Securities Inc. Each broker warrant entitles the holder to acquire one unit at $0.18 for a two year period.
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 October 31, 2016.
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