GESPEG COPPER RESOURCES INC. ("GCR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced April 22, 2015, June 25, 2015 and August 11, 2015:
Number of Shares: 3,600,000 non-flow-through shares
3,000,000 flow-through shares
Purchase Price: $0.05 per share
Warrants: 3,600,000 share purchase warrants to purchase 3,600,000 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 7 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
B.O. Martel Inc. (Bernard-Oliver Martel) Y 500,000
Communications Financieres S.D.N.L. Inc.
(Sylvain Laberge) Y 1,500,000
Finder's Fee: $13,600 and 272,000 Broker's Warrants payable to Secutor Capital Management Inc. Each Broker's Warrant is exercisable at a price of $0.15 for a two year period.
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.
________________________________________
|
|
