ALSET MINERALS CORP. ("ION") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 11, 2018 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2017:
Number of Shares: 2,571,427 shares
Purchase Price: $0.07 per share
Warrants: 2,571,427 share purchase warrants to purchase 2,571,427 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 4 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Allan Barry Y 250,000 Gennen McDowall Y 720,000 Gordon Fretwell Y 172,858 Finder's Fee: EDE Asset Management Inc. - $7,000.00 and 100,000 Broker Warrants exercisable into common shares at $0.10 per share for a two year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated January 10, 2018 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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