NEXOPTIC TECHNOLOGY CORP ("NXO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: September 28, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 21, 2017:
Number of Shares: 6,704,960 shares
Purchase Price: $1.10 per share
Warrants: 6,704,960 share purchase warrants to purchase 6,704,960 shares
Warrant Initial Exercise Price: $1.50
Warrant Term to Expiry: 18 Months
Number of Placees: 115 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Stephen L. Petranek Y 25,000 Armada Investments Ltd. Y 100,000 (G. Arnold Armstrong) Aggregate Pro-Group Involvement [7 Placees] P 251,000
Finder's Fee: Canaccord Genuity Corp. $4,778.40 cash; 173,864 warrants; portion of the cash entitled fee was paid through the issuance of 169,520 units Haywood Securities Inc. $9,680.00 cash; 45,936 warrants; a portion of finders fee may be payable in cash or in unis at the discretion of the finder. The Finder elected to receive $9,680.00 in cash and 32,960 units Raymond James Ltd. 2,400 shares; 2,400 warrants; 8% share component is payable in units on the same terms as the units offered in the financing. Mackie Research Capital Corp. 4,000 shares; 4,000 warrants; 8% share component is payable through the issuance of units on same terms as those offered in financing BMO Nesbitt Burns Inc. 2,080 shares; The security component above is payable through the issuance of 2,080 units on the same terms as the units in the placement.
Finder Warrant Initial Exercise Price: $1.10
Finder Warrant Term to Expiry: 8% warrants to acquire Units on the same terms as unit issued under the placement
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction. ________________________________________
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