SIRONA BIOCHEM CORP. ("SBM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 6, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 25, 2014:
Number of Shares: 9,230,770 shares
Purchase Price: $0.13 per share
Warrants: 9,230,770 share purchase warrants to purchase 9,230,770 shares
Warrant Exercise Price: $0.20 for a three year period
Number of Placees: 16 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Mikbrykar Holdings Ltd. (Alex Sandro Marazzi) Y 230,769
Finder's Fee: $1,976 cash and 15,200 warrants payable to PI Financial Corp.
- Finder's Fee warrants are exercisable at $0.20 per share for three years.
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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