KIVALLIQ ENERGY CORPORATION ("KIV") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 30, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 2, 2014:
SECOND TRANCHE:
Number of Shares: 2,872,728 shares
Purchase Price: $0.22 per share
Warrants: 1,436,364 share purchase warrants to purchase 1,436,364 shares
Warrant Exercise Price: $0.28 for a two year period
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares
Aggregate Pro-Group Involvement P 500,000 [1 placee]
Finder's Fee: $6,600 plus 15,000 warrants exercisable at $0.28 per share for a two year period is payable to CIBC Woody Gundy.
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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