RATHDOWNEY RESOURCES LTD. ("RTH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2017
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 11, 2017:
Number of Shares: 221,228,610 shares
Purchase Price: $0.19 per share
Warrants: 21,228,610 share purchase warrants to purchase 21,228,610 shares
Warrant Exercise Price: $0.24 for a two year period
Number of Placees: 32 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 726,313
[3 Placees]
Finder's Fee: Trimark Capital (Abdul Shariff) receives $60,000
Haywood Securities Inc. receives $2,280
PI Financial Inc. receives $3,990
599189 British Columbia Ltd. (Dickson Hall) receives $28,167.07 and 148,247 units with the same terms as the above private placement.
Canaccord Genuity Corp. receives $342
The Sutton Group Inc. ((Faysal Al-Sudairy) receives $95,200
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 February 27, 2017. [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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