HIGHLAND COPPER COMPANY INC. ("HI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 9, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,949,857 shares and 2,474,929 share purchase warrants to settle outstanding debt for $494,985.75.
Number of Creditors: 1 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Laurentian Mountains Investments Ltd. Y $494,985.75 $0.10 4,949,857
(David Fennell)
Warrants: 2,474,929 share purchase warrants to purchase 2,474,929 shares
Warrant Exercise Price: $0.15 for a one year period
The Company shall issue a news release when the shares are issued and the debt extinguished.
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