ARCTIC HUNTER ENERGY INC. ("AHU") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: May 8, 2018 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 8, 2018, April 5, 2018 and May 2, 2018:
Number of Shares: 2,500,000 shares
Purchase Price: $0.10 per share
Warrants: 2,500,000 share purchase warrants to purchase 2,500,000 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 8 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Genautica LLC (Daniel Scholefield-Managing Member) Y 500,000 Scoplex, LLC (Daniel Scholefield-Managing Member) Y 500,000 Daniel B. Scholefield Y 250,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated May 2, 2018 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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