HILLCREST PETROLEUM LTD. ("HRH") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 24, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 10, 2017 and June 29, 2017:
Number of Shares: 5,594,857 shares
Purchase Price: $0.07 per share
Warrants: 2,797,429 share purchase warrants to purchase 2,797,429 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 2 Years
Number of Placees: 13 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Jason P. Oden Y 150,000 Donald James Currie Y 400,000 Michael Krzus Y 200,000 McGrath Sean Y 150,000
The Company issued news releases on July 7, 2017 and July 14, 2017 confirming closing of the private 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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