NEX COMPANY:
NEVADO RESOURCES CORPORATION ("VDO.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 5, 2020
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 14, 2020 and further amended on October 21, 2020:
Number of Shares: 6,000,000 shares
Purchase Price: $0.10 per share
Warrants: 6,000,000 share purchase warrants to purchase 6,000,000 shares
Warrant Exercise Price: $0.20 for a one year period from the date of issuance
Number of Placees: 21 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Stichting Depositary Plethora Previous Metals Fund
(Douwe Johannes Van Hees) Y 1,500,000
Aggregate Pro Group Involvement P 275,000
[2 placees]
Finder's Fee: None
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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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