VATIC VENTURES CORP. ("VCV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 21, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 20, 2014 and March 7, 2014:
Number of Shares: 733,333 shares
Purchase Price: $0.06 per share
Warrants: 733,333 share purchase warrants to purchase 733,333 shares
Warrant Exercise Price: $0.10 for a three year period
if the closing trading price for the common shares is at or above a price of $0.25 for 10 consecutive trading days, the Issuer has the option to accelerate the expiry date, and if it so chooses, the Issuer may issue a press release that it intends to accelerate the expiry date of the warrants to a date that is the later of 30 days from either the date of the press release or the date that all hold periods attaching to the shares comprising the units expires.
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Firebrand Ventures (N. Tyab) Y 166,666
Finder's Fee: $2,400 and 40,000 warrants payable to Wolverton Securities Ltd.
This private placement closed March 2014.
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