INDIGO EXPLORATION INC. ("IXI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 31, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 30, 2013:
Number of Shares: 4,900,000 shares
Purchase Price: $0.05 per share
Warrants: 4,900,000 share purchase warrants to purchase 4,900,000 shares
Warrant Exercise Price: $0.12 for a two year period
Number of Placees: 18 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Buena Tierra Developments Ltd. (Paul Cowley) Y 250,000
Bremar Management Services Ltd. (Marino Sveinson) Y 200,000
Thomas A. Henricksen Y 100,000
Robert G. McMorran Y 150,000
Aggregate Pro Group Involvement P 1,500,000
[5 placees]
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. 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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