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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