BRAZIL RESOURCES I NC. ("BRI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 15, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 11, 2016, February 16, 2016 and February 29, 2016:
Number of Shares: 10,000,000 shares
Purchase Price: $0.45 per share
Number of Placees: 54 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
David Kong Y 50,000
Xemex Investments Ltd.
(Mario Garnero) Y 500,765
Aggregate Pro Group Involvement 538,534
[7 Placees]
Finder's Fee: Haywood Securities Inc. - $14,135.42
Canaccord Genuity Corp. - $1,350.00
Delbrook Capital Advisors Inc. - $27,000.00
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued news releases announcing the closing of the private placement in two tranches setting out the expiry dates of the hold period(s).
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