NEX COMPANIES:
CASCADE RESOURCES LTD. ("CC.H")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 1, 2014
NEX Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,327,500 shares at a deemed value of $0.10 per share to settle outstanding debt for $432,750.
Number of Creditors: 12 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Sijing Xu Y $60,000 $0.10 600,000
Tom Davitt Y $77,500 $0.10 775,000
Michael Dean Y $15,000 $0.10 150,000
Garry Stock Y 124,000 $0.10 1,240,000
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
|
|
