FORMATION FLUID MANAGEMENT INC. ("FFM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 29, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2016:
Number of Shares: 7,233,366 shares
Purchase Price: $0.06 per share
Warrants: 3,616,684 share purchase warrants to purchase 3,616,684 shares
Warrant Exercise Price: $0.12 for a two year period
Number of Placees: 13 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Mark Bentsen Y 1,150,000
Aggregate Pro Group Involvement P 350,000
[1 Placee]
Finder's Fee: $1,050 payable to Wolverton Securities Ltd.
$1,250.10 payable to Leede Jones Gable Inc.
The Company issued news releases on May 20, 2016 and June 27, 2016 confirming closing of the private placement. 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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