MAMMOTH RESOURCES CORP. ("MTH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 21, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 9, 2017:
Number of Shares: 8,000,000 shares
Purchase Price: $0.09 per share
Warrants: 8,000,000 share purchase warrants to purchase 8,000,000 shares
Warrant Exercise Price: $0.13 for an 18 month period
Number of Placees: 34 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Thomas Atkins Y 921,778
Finder's Fee: Leede Jones Gable Inc. $6,984 cash and 77,600 warrants payable.
Mackie Research Capital Corporation $2,592 cash and 28,800 warrants payable.
National Bank Finance Inc. $810 cash and 18,000 warrants payable.
Struthers Resource Stock Report $3,375 cash and 37,500 warrants payable.
PI Financial Corp. $90 cash and 2,000 warrants payable.
Sprott Private Wealth $1,080 cash and 12,000 warrants payable.
Just3 (Joel Hernandez) $1,024.65 cash and 11,385 warrants payable.
-Each warrant is exercisable into one common share at $0.13 for 18 months from closing.
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.]
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