MIDNIGHT SUN MINING CORP. ("MMA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 2, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 27, 2014 and May 23, 2014:
Number of Shares: 2,700,000 shares
Purchase Price: $0.125 per share
Warrants: 2,700,000 share purchase warrants to purchase 2,700,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 10 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Allan Fabbro Y 800,000
Richard Mazur Y 180,000
Finder's Fee: Canaccord Genuity Corp. - $5,000 and 40,000 agent's warrants payable.
- Each agent's warrant is exercisable into one common share at $0.30 until May 29, 2016.
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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