AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 22, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 18,689,731 shares at $0.896 per share to settle outstanding debt for $1,674,600.00.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Resource Capital Fund IV L.P. Y $279,100.00 $0.0896 3,114,955
Resource Capital Fund VI L.P. Y $279,100.00 $0.0896 3,114,955
Resource Capital Fund VI L.P. Y 1,116,400.00 $0.0896 12,459,821
The Company shall issue a news release when the shares are issued and the debt extinguished.
________________________________________
|
|
