EDGEWATER EXPLORATION LTD. ("EDW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 9, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 13, 2013 and December 16, 2013:
Number of Shares: 15,800,000 shares
Purchase Price: $0.05 per share
Warrants: 15,800,000 share purchase warrants to purchase 15,800,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 22 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Edward Farrauto Y 500,000
Blayne Johnson Y 2,000,000
Quarry Capital Corp. (Douglas B. Forster) Y 2,500,000
Ryan King Y 300,000
George Salamis Y 500,000
Aggregate Pro Group Involvement P 4,450,000
[11 placees]
Finder's Fee: $5,000 and 75,000 Units payable to Haywood Securities Inc.
10,000 Units payable to PI Financial Corp.
15,000 Units payable to Canaccord Genuity Corp.
$10,000 payable to Woodstone Capital
Each Unit consists of one share and one warrant exercisable at $0.10 for a five year period.
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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