TSX VENTURE COMPANIES
BROADWAY GOLD MINING LTD. ("BRD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 4, 2017 and April 27, 2017:
Number of Shares: 2,811,114 shares
Purchase Price: $0.90 per share
Warrants: 1,405,563 share purchase warrants to purchase 1,405,563 shares
Warrant Exercise Price: $1.60 for an 18-month period
Number of Placees: 27 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 111,111
[1 Placee]
Finder's Fee: Wildlaw Capital Markets Inc. - $65,000.00 and 138,756 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period.
Integral Wealth Securities Limited - $4,000.00 and 4,444 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period.
PI Financial Corp. - $4,920.00 and 5,467 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period.
PowerOne Capital Markets Limited. - $5,200.00 and 5,778 Compensation Options exercisable into common shares at $0.90 per share for an 18 month period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated April 28, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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