SOURCE EXPLORATION CORP. ("SOP")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 25, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 22, 2014:
Number of Shares: 1,100,000 shares
Purchase Price: $0.075 per share
Warrants: 1,100,000 share purchase warrants to purchase 1,100,000 shares
Warrant Exercise Price: $0.125 for a two year period
Number of Placees: 1 placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
D. Baker Capital Inc. (David Baker) Y 1,100,000
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. [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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