EMERGE RESOURCES CORP. ("EME")
BULLETIN TYPE: Private Placement-Non-Brokered, Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 12, 2014
TSX Venture Tier 2 Company
Private Placement-Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced October 27, 2014 and December 11, 2014:
Number of Shares: 3,985,000 shares
Purchase Price: $0.05 per share
Warrants: 3,985,000 share purchase warrants to purchase 3,985,000 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 810,000
[1 Placee]
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.
Property-Asset or Share Purchase Agreement
TSX Venture Exchange has accepted for expedited filing documentation pertaining to the acquisition by the Company of approximately 15% of the common shares of M Iron Nuggets Inc., a private company in the mineral resources industry in New Brunswick. Total compensation consists of $500,000 cash.
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