SECOVA METALS CORP. ("SEK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 27, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 14, 2016:
Number of Shares: 4,000,000 shares
Purchase Price: $0.05 per share
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Delbrook Resource Opportunities Fund
(Matthew Zablowski) Y 1,700,000
Finder's Fee: $6,800 and 136,000 non-transferable warrants payable to Delbrook Capital Advisors Inc. Each warrant is exercisable for one share at a price of $0.05 per share for a one year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s) on April 19, 2016.
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