ALASKA HYDRO CORPORATION ("AKH") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 25, 2012 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 13, 2012:
Number of Shares: 1,600,000 shares
Purchase Price: $0.05 per share
Warrants: 1,600,000 share purchase warrants to purchase 1,600,000 shares
Warrant Exercise Price: $0.10 for a five year period
Number of Placees: 2 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P / # of Shares Cliff Grandison Y 1,000,000
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. ________________________________________
|
|