PJX RESOURCES INC. ("PJX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 22, 2014 and October 9, 2014:
Number of Shares: 2,095,000 flow-through shares and
3,744,245 non flow-through shares
Purchase Price: $0.15 per flow-through share and
$0.125 per non flow-through share
Warrants: 5,839,245 share purchase warrants to purchase 5,839,245 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 22 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
George Patton Y 1,600,000
John Keating Y 100,000
Linda Brennan Y 50,000
Aggregate Pro Group Involvement P 150,000
[1 placee]
Finder's Fee: An aggregate of $33,800 payable to PI Financial Corp., Chippingham Financial Corp. and Canaccord Genuity Corp.
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.
________________________________________
|
|
