PJX RESOURCES INC. ("PJX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Nov 24, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 19, 2016:
Flow-Through Shares:
Number of FT Shares: 7,267,001 flow through shares
Purchase Price: $0.17 per flow through share
Warrants: 7,267,001 share purchase warrants to purchase 7,267,001 shares
Warrant Initial Exercise Price: $0.25
Warrant Term to Expiry: 3 Years
Non Flow-Through Shares:
Number of Non-FT Shares: 7,778,665 non flow through shares
Purchase Price: $0.15 per non flow through share
Warrants: 7,778,665 share purchase warrants to purchase 7,778,665 shares
Warrant Initial Exercise Price: $0.25
Warrant Term to Expiry: 3 Years
Number of Placees: 69 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Paul Crossett Y 125,000
George Patton Y 2,000,000
Aggregate Pro-Group Involvement [4 Placees] P 2,963,235
Finder's Fee:
Qwest Investment Fund Management $35,200.00 cash; 207,058 warrants
Canaccord Genuity Ltd. $2,720.00 cash; 16,000 warrants
Richardson GMP Ltd. $48,027.00 cash; 294,543 warrants
PI Financial Corp. $40,232.00 cash; 266,080 warrants
Raymond James Ltd. $1,860.00 cash; 11,600 warrants
EIX Brokerage Inc. $4,568.00 cash
Finder Warrant Initial Exercise Price: $0.25
Finder Warrant Term to Expiry: expires October 31, 2019
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.
________________________________________
|
|
