CB GOLD INC. ("CBJ") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: May 24, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 21, 2016:
Number of Shares: 25,310,000 shares
Purchase Price: $0.075 per share
Warrants: 25,310,000 share purchase warrants to purchase 25,310,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 14 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Red Eagle Mining Corporation Y 16,933,333 Patrick Balit Y 70,000 Jeffrey Mason Y 800,000 Scott Turton Y 70,000 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. ________________________________________
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