PARLANE RESOURCE CORP. ("PPP")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 13, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a subscription agreement dated November 13, 2014 (the "Agreement") pursuant to which Parlane Resource Corp. (the "Company") will acquire 123,728 shares at a deemed price of #1.00 per share in Global Resources Investment Trust plc ("GRIT"), an investment trust registered in England and Wales and listed on the London Stock Exchange's main market, in exchange for 3,000,000 common shares of the Company at a price of CDN$0.075 per share.
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
GRIT Y 3,000,000
A finder's fee of 240,000 shares is payable to Jordan Capital Markets Inc. in connection with the Agreement.
For further information please read the Company's news releases dated November 15, 2013, January 22, 2014 and March 7, 2014 available on SEDAR.
________________________________________
|
|
