MINFOCUS EXPLORATION CORP. ("MFX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 26, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 21, 2017 and June 21, 2017:
Number of Shares: 1,600,000 Flow through shares
Purchase Price: $0.025 per share
Warrants: 1,600,000 share purchase warrants to purchase 1,600,000 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Shares: 1,500,000 Non Flow through shares
Purchase Price: $0.025 per share
Warrants: 1,500,000 share purchase warrants to purchase 1,500,000 shares
Warrant Exercise Price: $0.05 for a three year period
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Gerald Harper Y 1,000,000
Finder's Fee: Foster and Associates Financial Services Inc. $800 cash and 32,000 finder's warrants payable. Each finder warrant is exercisable at $0.025 until June 30, 2019.
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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