SOLARVEST BIOENERGY INC. ("SVS")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 27, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jan 11, 2018:
Convertible Debenture $1,000,000.00
Initial Conversion Price: $0.20 per common share
Term of Maturity: 3 Years
Interest Rate: 0
Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares
Initial Exercise Price: $0.25
Term to Expiry: 3 Years
Number of Placees: 4 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Aggregate Pro-Group Involvement [1 Placee] P 0
Finder's Fee:
Mackie Research Capital Corporation $80,000.00 cash; 400,000 warrants
Finder Warrant Initial Exercise Price: $0.25
Finder Warrant Term to Expiry: Non-transferable
Excisable $0.25 for 3 years.
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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