TSX VENTURE COMPANIES
ADVANTAGE LITHIUM CORP. ("AAL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Oct 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Sep 06, 2016:
Number of Shares: 8,456,900 shares
Purchase Price: $0.60 per share
Warrants: 4,228,450 share purchase warrants to purchase 4,228,450 shares
Warrant Initial Exercise Price: $0.75
Warrant Term to Expiry: 2 Years
Number of Placees: 76 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
WILLIAM V. MARSH Y 50,000
SIDEN INVESTMENTS LTD. Y 200,000
(DAVID SIDOO)
ROSS MCELROY Y 83,000
Aggregate Pro-Group Involvement [4 Placees] P 178,301
Finder's Fee:
CANACCORD GENUITY CORP. $7,560.00 cash; 12,600 warrants
PI FINANCIAL CORP. $4,800.00 cash; 8,000 warrants
TOPLEFT SECURITIES LTD. $60,624.00 cash; 101,040 warrants
MAX SALI $59,814.00 cash; 99,690 warrants
MEZZO CONSULTING SERVICES S.A. $63,600.00 cash; 106,000 warrants
(Siegmar Schoeps and Frank Hoegel)
GERHARD MERKEL $4,200.00 cash; 7,000 warrants
Finder Warrant Initial Exercise Price: $0.60
Finder Warrant Term to Expiry: 2 YEARS
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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