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Vaxil Bio Ltd. 
Listed Company 

VAXIL BIO LTD. ("VXL")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 15, 2017
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,630,772 shares
to settle outstanding debt of $289,384.59.

Number of Creditors: 4 Creditors

Insider / Pro Group Participation:

Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Sunel Securities Inc.
(Serge Moyal, Isaac Maresky) Y $55,384.59 $0.11 503,497
Saeid Babaei Y $96,000.00 " 872,728
Vaal Capital Corporation
(Serge Moyal, Isaac Maresky) Y $96,000.00 " 872,728
Gadi Levin Y $42,000.00 " 381,819

The Company shall issue a news release when the shares are issued and the debt extinguished.
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