MEXICAN GOLD CORP. ("MEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 31, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2017 and May 18, 2017:
Number of Shares: 5,990,270 shares
Purchase Price: $0.30 per share
Warrants: 5,990,270 share purchase warrants to purchase 5,990,270 shares
Warrant Exercise Price: $0.45 for a two year period
Number of Placees: 38 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Palisade Global Investments Ltd. Y 1,683,500
Aggregate Pro Group Involvement P 50,000
[2 Placees]
Finder's Fee: Leede Jones Gable Inc. $14,700 cash and 49,000 finder's warrants payable.
Raymond James Ltd. $8,085 cash and 26,950 finder's warrants payable.
-Each finder warrant is exercisable into one common share at $0.45 for two years from closing.
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.]
________________________________________
|
|
