SEGO RESOURCES INC. ("SGZ") BULLETIN TYPE: Shares for Debt BULLETIN DATE: August 10, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 7,857,500 shares at a deemed price of $0.05 per share to settle outstanding debt for $392,875.
Number of Creditors: 4 Creditors
Insider / Pro Group Participation: Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares J. Paul Stevenson Y $275,000 $0.05 5,500,000 J. Allan Hilton Y $95,450 $0.05 1,909,000 Carta Exploration Ltd. (Selina Tribe) Y $6,825 $0.05 136,500 MBP Management Ltd. (Brent Petterson) Y $15,600 $0.05 312,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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