FIRESWIRL TECHNOLOGIES INC. ("FSW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 20, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 18, 2013 and December 30, 2013:
Number of Shares: 3,400,000 shares
Purchase Price: $0.20 per share
Warrants: 1,700,000 share purchase warrants to purchase 1,700,000 shares
Warrant Exercise Price: $0.25 for a one year period
Number of Placees: 44 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 530,000
[4 placees]
Finders' Fees: $3,500 payable to Mackie Research Capital Corporation
$7,000 payable to Raymond James Ltd.
$21,800 payable to Canaccord Genuity Corp.
$4,200 payable to Great Sunlight Limited
$3,500 payable to Shih-Yi Chuang
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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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