KESTREL GOLD INC. ("KGC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 17, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 9, 2014 and May 1, 2014:
Number of Shares: 2,500,000 shares
Purchase Price: $0.05 per unit
Warrants: 2,500,000 share purchase warrants to purchase 2,500,000 shares
Warrant Exercise Price: $0.10 for a period of two years
Number of Placees: 5 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Units
Stuart Peterson Y 800,000
Finder's Fee: Haywood Securities - $1,500 cash and 300,000 finder's warrants. Each finder warrant is exercisable at a price of $0.10 per share for a period of two years.
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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