HAPPY CREEK MINERALS LTD. ("HPY")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 13, 2016 and August 23, 2016:
Number of Shares: 1,058,908 Flow-through shares
Purchase Price: $0.22 per Flow-through share
Number of Shares: 5,991,250 Non Flow-through shares
Purchase Price: $0.16 per Non Flow-through share
Number of Placees: 23 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
David Blann Y 65,000
Rodger Gray Y&P 100,000
Resource Capital Fund VI Y 1,500,000
Aggregate Pro Group Involvement Y 100,000
[1 Placee]
Finder's Fee: Altus Securities Inc. $45,480 cash and 267,375 Broker Warrants payable. Each Broker Warrant is exercisable into one common share at $0.16 for a two year period from closing.
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.
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