INDIGO EXPLORATION INC. ("IXI") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: January 19, 2015 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 17, 2014 and December 11, 2014:
Number of Shares: 7,625,000 shares
Purchase Price: $0.02 per share
Warrants: 7,625,000 share purchase warrants to purchase 7,625,000 shares
Warrant Exercise Price: $0.05 for a three year period
Number of Placees: 19 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Bremar Management Services Ltd. (Marino Sveinson) Y 250,000 Robert McMorran Y 125,000 Buena Tierra Developments Ltd. (Paul Cowley) Y 250,000 Aggregate Pro Group Involvement P 2,000,000 [5 Placees]
Finder's Fee: $5,400 payable to Haywood Securities Inc. $3,000 payable to Leede Financial Markets Inc.
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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