MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: October 23, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing a secured loan in the amount of up to $1,100,000 (the "Loan") between the Company and BK Peterson Holdings Ltd and Donald C. Cameron (collectively, the "Lenders"). The Loan shall mature three years from the date of issuance and carry an interest rate of 12% per annum.
Additionally, the Exchange has accepted the issuance of up to 500,000 non-transferable bonus warrants to be issued to the Lenders in connection with the Loan. Each warrant is exercisable into one common share at a price of $1.00 for a period of three years from the closing date.
________________________________________
|
|
