CROWN MINING CORP. ("CWM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 30, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2014 and June 13, 2014:
Number of Shares: 3,000,000 (post-consolidated) shares
Purchase Price: $0.10 per (post-consolidated) share
Warrants: 3,000,000 (post-consolidated) share purchase warrants to purchase 3,000,000 (post-consolidated) shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 14 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
834669 Ontario Ltd. (Stephen Dunn) Y 920,000
Stephen Dunn Y 120,000
Donald Sheldon Y 50,000
George Cole Y 100,000
Finder's Fee: $5,000 in cash payable to Pope & Company Limited
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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