RATHDOWNEY RESOURCES LTD. ("RTH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 13, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 23, 2016:
Number of Shares: 7,190,000 shares
Purchase Price: $0.19 per share
Warrants: 7,190,000 share purchase warrants to purchase 7,190,000 shares
Warrant Exercise Price: $0.24 for a two year period
Number of Placees: 7 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
George R. Ireland Y 525,000
Finder's Fee: Homeport Investment Management (Wim Hendrix) receives $28,500
Vandamme Invest (Vincent Vandamme) receives $21,261
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 on August 11, 2016. [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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