NEWRANGE GOLD CORP. ("NRG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: February 9, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 23, 2017 and January 30, 2017:
Number of Shares: 9,411,765 shares Purchase Price: $0.085 per share Warrants: 9,411,765 share purchase warrants to purchase 9,411,765 shares Warrant Exercise Price: $0.12 for a two year period, subject to an acceleration clause.
Number of Shares: 566,538 shares Purchase Price: $0.13 per share Warrants: 566,538 share purchase warrants to purchase 566,538 shares Warrant Exercise Price: $0.17 for a two year period, subject to an acceleration clause.
Number of Placees: 34 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Dave Cross Y 400,000 Robert Carrington Y 117,647 Aggregate Pro Group Involvement P 340,000 [3 Placees]
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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