GAINEY CAPITAL CORP. ("GNC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Jan 10, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 21, 2017:
Number of Shares: 14,162,986 shares
Purchase Price: $0.12 per share
Warrants: 14,162,986 share purchase warrants to purchase 14,162,986 shares
Warrant Initial Exercise Price: $0.24
Warrant Term to Expiry: 3 Years
Number of Placees: 40 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
David Coburn Y 833,350
Finder's Fee:
Sprott Private Wealth $30,000.00 cash; 250,000 warrants
Pretium Group 75,000 shares; 75,000 warrants
Finder Warrant Initial Exercise Price: $0.18
Finder Warrant Term to Expiry: 36 months
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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