LEXAGENE HOLDINGS INC. ("LXG")
[formerly Wolfeye Resource Corp. ("WEY")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Symbol Change, Resume Trading
BULLETIN DATE: October 18, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing Wolfeye Resource Corp. (the "Company" - now "Lexagene Holdings Inc.") Reverse Takeover (the "RTO") and related transactions, all as principally described in its filing statement dated August 29, 2016 (the "Filing Statement"). The RTO includes the following matters, all of which have been accepted by the Exchange.
Reverse Takeover-Completed
Pursuant to a share exchange agreement dated November 17, 2015, as amended on January 28, 2016, April 20, 2016, and July 29, 2916 (the "Agreement"), between the Company, Bionomics Diagnostics Inc. ("Bionomics") and shareholders of Bionomics, the Company issued 20,000,000 common shares to acquire 100% of the issued capital of Bionomics.
A finder's fee of 1,000,000 shares will be paid to Transcend Capital Inc. in connection with the RTO.
The Exchange has been advised that the RTO and the related transactions, as indicated below, have been completed. For additional information please refer to the Filing Statement available under the Company's profile on SEDAR and the Company's news release dated October 14, 2016.
Private Placement-Non-Brokered
The Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 1, 2015:
Number of Shares: 8,400,800 shares
Purchase Price: $0.25 per share
Number of Placees: 67 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 1,000,000
[6 Placees]
Finder's Fee: PI Financial Corp receives $27,000 and 108,000 warrants
Leede Jones Gable receives $8,000 and 32,000 warrants
Foremost Capital Inc. receives $4,000 and 16,000 warrants
Carson Seabolt receives $2,000
Haywood Securities Inc. receives $4,000 and 16,000 warrants
First Republic Capital Corp. receives $10,000 and 40,000 warrants
Canaccord Genuity Corp. receives $66,350 and 265,400 warrants
Each finder's warrant is exercisable at $0.25 for two (2) 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. 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.
Name Change and Symbol Change
The name of the Company has also been changed as detailed below.
Pursuant to a resolution passed by directors on October 5, 2016, the Company has changed its name as follows. There is no consolidation of capital.
Effective at the opening, Wednesday, October 19, 2016 the common shares of Lexagene Holdings Inc. will commence trading on TSX Venture Exchange, and the common shares of Wolfeye Resource Corp. will be delisted. The Company is classified as a 'Technology' company.
Capitalization: Unlimited shares with no par value of which
39,596,060 shares are issued and outstanding
Escrow: 16,585,000 shares subject to Tier 2 Value Escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: LXG (new)
CUSIP Number: 52886L 10 3 (new)
Resume Trading
Effective at the opening, Wednesday, October 19, 2016, the shares of the Company will resume trading.
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