TERRA FIRMA CAPITAL CORPORATION ("TII")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: October 1, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 29, 2014:
Convertible Notes: $6,225,000
Conversion Price: Convertible into common shares at $0.72 per share of principal outstanding
Maturity date: September 29, 2017
Interest rate: 7% per annum
Number of Placees: 14 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / Principal Amount
Meyer Family Foundation Y $150,000
(Yisrael Dov Meyer)
Manokaran Thiyagarajah Y $100,000
Zebu Holdings Y $200,000
(Yisrael Dov Meyer)
Chris Bart Y $50,000
Seyglor Consultants Y $30,000
(Seymour Temkin)
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). 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.
________________________________________
|
|
