ARGENTUM SILVER CORP. ("ASL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 1, 2016:
Number of Shares: 15,000,000 shares
Purchase Price: $0.07 per share
Warrants: 15,000,000 share purchase warrants to purchase 15,000,000 shares
Warrant Exercise Price: $0.11 for a three year period
Number of Placees: 1 Placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Sprott Mining Inc. (Eric Sprott) Y 15,000,000
Finder's Fee: Foster & Associates - 1,050,000 warrants that are exercisable into common shares at $0.07 per share for a three year period.
Ariston Capital Corp. (Peter Ball) - $73,500.00
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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