KINCORA COPPER LIMITED ("KCC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 25, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced March 4, 2014:
Number of Shares: 91,500,000 shares
Purchase Price: $0.05 per share
Warrants: 91,500,000 share purchase warrants to purchase 91,500,000 shares
Warrant Exercise Price: $0.105 for a two year period, subject to an accelerated expiry
Number of Placees: 27 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Jonathan Spring Y 200,000
Origo Partners plc Y 8,000,000
John Rickus Y 1,000,000
Duchintav Khojgor Y 7,674,500
Finder's Fee: $61,142 payable to Resource Investment Capital Limited
$116,500 payable to The Private Office SA (William Lovering, William Pym)
$10,000 payable to Pareto Securities Limited
$3,000 payable to The Mongolian Investment Banking Group LLC
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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