CEIBA ENERGY SERVICES INC. ("CEB") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture BULLETIN DATE: August 22, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 6, 2016 and closed August 10, 2016:
Convertible Debenture: $2,402,000.00
Conversion Price: $0.40
Maturity date: June 30, 2020
Interest rate: 9%
Number of Placees: 69 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Debentures Front Street Capital Y 500 James B. Coughlan Y 10 Peter Cheung Y 50 Phillip Richard Lane Y 15 Brian Kenneth Petersen Y 40 Ian Simister Y 35 Aggregate Pro Group P 30 [2 Placees]
Agent's Fee: Cash payment of $27,500 to Paradigm Capital Inc Cash Payment of $94,985 to Richardson GMP Ltd ________________________________________
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