TOSCA MINING CORP. ("TSQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 1, 2014
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 April 9, 2014:
Number of Shares: 2,762,500 shares
Purchase Price: $0.06 per share
Warrants: 2,762,500 share purchase warrants to purchase 2,762,500 shares
Warrant Exercise Price: $0.08 for a one year period
$0.10 in the second year
Number of Placees: 22 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Ron Shenton Y 150,000
Jonathan George Y 125,000
Aggregate Pro Group Involvement P 100,000
[1 placee]
Finders' Fees: $180 and 3,000 warrants payable to Canaccord Genuity Corp.
$2,100.80 and 43,750 warrants payable to LOM Capital Limited.
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.
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