BLOCK ONE CAPITAL INC. ("BLOK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 4, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 11, 2017 and revised December 12, 2017:
Number of Shares: 10,000,000 units
Purchase Price: $1.00 per unit
Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares
Warrant Exercise Price: $1.50 for a two year period
Number of Placees: 71 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 570,000
[8 Placee(s)]
Finder's Fee: 7,200 commission units payable to Canaccord Genuity Corp.
16,000 commission units payable to Raymond James Ltd.
404,000 commission units payable to Paradigm Shift Investments
226,000 commission units payable to Beacon Securities Ltd.
108,000 commission units payable to Haywood Securities Inc.
2,800 commission units payable to Industrial Alliance Securities Inc.
36,000 commission units payable to PI Financial Corp.
Each commission unit consist of one common share and one half of one common share purchase warrant exercisable at $1.50 for 24 months.
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.
________________________________________
|
|
