ROCKHAVEN RESOURCES LTD. ("RK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 8, 2016
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 May 18, 2016:
Number of Shares: 5,995,000 flow through shares and 3,469,000 non-flow through shares
Purchase Price: $0.20 per flow through share and $0.17 per non-flow through share
Warrants: 4,732,000 share purchase warrants to purchase 4,732,000 shares, subject to an accelerated expiry
Warrant Exercise Price: $0.25 for an eighteen month period
Number of Placees: 48 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Dave Skoglund Y 50,000FT
Aggregate Pro Group Involvement P 600,000FT; 1,045,000NFT
[7 Placees]
Finder's Fee: $15,172.50 payable to PI Financial Corp., with 89,250 warrants exercisable at $0.25 for eighteen months, subject to an accelerated expiry
$41,298.60 payable to Haywood Securities Inc., with 220,080 warrants exercisable at $0.25 for eighteen months, subject to an accelerated expiry
$32,200 payable to Secutor Capital Management Corp., with 161,000 warrants exercisable at $0.25 for eighteen months, subject to an accelerated expiry
$23,282 payable to Canaccord Genuity Corp., with 122,500 warrants exercisable at $0.25 for eighteen months, subject to an accelerated expiry
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued 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.
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