GGX GOLD CORP. ("GGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 21, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 3, 2017:
Number of Shares: 2,400,000 flow through shares
Purchase Price: $0.20 per share
Warrants: 2,400,000 share purchase warrants to purchase 2,400,000 shares
Warrant Exercise Price: $0.25 for a five year period. The term of the warrants may be accelerated if the Company's shares trade at or above $0.35 for 10 consecutive days, then the Company give notice that the warrants will expire 30 days from such notice.
Number of Placees: 30 Placees
Finder's Fee: EMD Financial Inc. receives $37,500 and 187,500 non-transferable warrants, each exercisable at a price of $0.25 per share for five years.
TD Wealth Management receives $4,000 and 20,000 non-transferable warrants, each exercisable at a price of $0.25 per share for five years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on August 18, 2017.
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