SCEPTRE VENTURES INC. ("SVP.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 9, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 26, 2014:
Number of Shares: 10,000,000 shares
Purchase Price: $0.05 per share
Number of Placees: 21 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Erin Chutter Y 2,300,000
Malcolm Burke Y 100,000
Topel Capital Ltd. (Malcolm Burke) Y 100,000
Aggregate Pro-Group Involvement P 1,250,000 [2 placees]
Finder's Fee: PI Financial Corp. receives $29,000 and 580,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a 12 month period.
PCA Performance Capital Advisors Inc. (Gordon Monk) receives $2,250 and 45,000 non-transferable warrants, each exercisable for one share at a price of $0.10 per share for a 12 month period.
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.
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