MEZZI HOLDINGS INC. ("MZI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 16, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the First Tranche of a Non-Brokered Private Placement announced August 25, 2016:
Number of Shares: 9,359,000 shares
Purchase Price: $0.10 per share
Warrants: 9,359,000 share purchase warrants to purchase 9,359,000 shares
Warrant Exercise Price: $0.15 for a one year period, subject to an acceleration clause.
Number of Placees: 28 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Keir Reynolds Y 3,330,000
Cyrus Driver Y 200,000
Finder's Fee: Leede Jones Gable Inc. $31,888 cash and 318,880 Finder's warrants payable.
Mackie Research Capital Corp. $11,384 cash and 113,840 Finder's warrants payable.
-Each Finder warrant is exercisable into one common share at $0.15 for one year 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. [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.]
________________________________________
|
|
