KINGSWAY ARMS RETIREMENT RESIDENCES INC. ("KWA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 18, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 16, 2013:
Number of Shares: 300,000 shares
Purchase Price: $0.05 per share
Warrants: 300,000 share purchase warrants to purchase 300,000 shares
Warrant Exercise Price: $0.05 for a five year period
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Dan Amadori Y 300,000
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.
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