SAMCO GOLD LIMITED ("SGA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: July 24, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2015:
Convertible Debenture $1,235,900
Conversion Price: Convertible into one common share at $0.50 of principal outstanding.
Maturity date: December 30, 2016
Interest rate: 12% per annum
Number of Placees: 2 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P $
Sentient Global Resources Fund IV, L.P. Y $617,950
Mantaro Resources Limited Y $617,950
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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