18/04/13 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
ALSET MINERALS CORP. ("ION") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 13, 2018 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 19, 2018:
Number of Shares: 8,270,167 shares
Purchase Price: $0.12 per share
Warrants: 4,135,083 share purchase warrants to purchase 4,135,083 shares
Warrant Exercise Price: $0.15 for a three year period
Number of Placees: 32 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Gordon J. Fretwell Y 150,000 William Gennen McDowall Y 250,000 Aggregate Pro Group Involvement P 1,630,000 [6 placees]
Finder's Fee: Canaccord Genuity Corp. - $44,025.60 and 366,880 Broker Warrants exercisable into common shares at $0.12 per share for a 36 month period.
Ecoban Securities Corporation - $36,000.00 and 150,000 Broker Warrants exercisable into common shares at $0.12 per share for a 36 month period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated April 13, 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. ________________________________________
|
|