KIVALLIQ ENERGY CORPORATION ("KIV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Jan 17, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jan 16, 2017:
Number of Shares: 25,925,000 shares
Purchase Price: $0.08 per share
Warrants: 12,962,500 share purchase warrants to purchase 12,962,500 shares
Warrant Initial Exercise Price: $0.15
Warrant Term to Expiry: 5 Years
Number of Placees: 20 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Aggregate Pro-Group Involvement [2 Placees] P 1,393,750
Finder's Fee:
Canaccord Genuity Corp $107,160.00 cash; 1,339,500 warrants
Vandamme Invest $15,840.00 cash; 198,000 warrants
Haywood Securities Inc. $1,440.00 cash; 18,000 warrants
Finder Warrant Initial Exercise Price: $0.15
Finder Warrant Term to Expiry: 5 years from closing
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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