SAMCO GOLD LIMITED ("SGA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: November 20, 2015
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 18, 2015:
Convertible Debenture US$500,000
Conversion Price Convertible into shares at CDN$0.50 of principle outstanding per share until maturity
Maturity Date December 31, 2016
Interest Rate 12% per annum
Number of Placees: 1 Placee
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). 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.
________________________________________
|
|
