SOLAR ALLIANCE ENERGY INC. ("SAN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 18, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 21, 2016:
FIRST TRANCHE:
Number of Shares: 8,279,758 shares
Purchase Price: $0.07 per share
Warrants: 8,279,758 share purchase warrants to purchase 8,279,758 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 9 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Jason Bak Y 3,271,400 Jason Bak Y 592,800 Michael Clark Y 500,000
SECOND TRANCHE:
Number of Shares: 1,814,285 shares
Purchase Price: $0.07 per share
Warrants: 1,814,285 share purchase warrants to purchase 1,814,285 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 1 Placee
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Eric Knutzen Y 1,814,285 ________________________________________
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