MISSION READY SERVICES INC. ("MRS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 28, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 4, 2017:
Number of Shares: 4,660,000 shares
Purchase Price: $0.10 per share
Warrants: 4,660,000 share purchase warrants to purchase 4,660,000 shares
Warrant Exercise Price: $0.15 for a two year period, subject to an acceleration clause.
Number of Placees: 19 Placees
Finder's Fee: Haywood Securities Inc. $19,680 cash and 196,800 Finder's Warrants payable. Each Finder warrant is exercisable into one common share at $0.15 for two years from closing, subject to an acceleration clause.
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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