ZIMTU CAPITAL CORP. ("ZC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 18, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 4, 2014 and June 17, 2014:
Number of Shares: 2,228,690 shares
Purchase Price: $0.50 per share
Warrants: 2,228,690 share purchase warrants to purchase 2,228,690 shares
Warrant Exercise Price: $0.75 for a two year period, subject to an acceleration clause
Number of Placees: 45 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Frances Petryshen Y 10,000
Jody Bellefleur Y 15,000
Finders' Fees: Robin Hood Direktvorsorge GmbH - $2,000 cash and 4,000 finder's warrants payable.
Canaccord Genuity Corp. - $2,400 cash and 4,800 finder's warrants payable.
Secutor Capital Management Corporation - $20,000 cash and 40,000 finder's warrants payable.
Joachim Rainer - $5,440 cash and 10,880 finder's warrants payable.
- Each finder warrant is exercisable into one common share at $0.50 for two years from issuance.
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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