ASHER RESOURCES CORPORATION ("ACN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 23, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 17, 2014:
Number of Shares: 1,383,333 flow-through shares
Purchase Price: $0.06 per share
Warrants: 691,667 share purchase warrants to purchase 691,667 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 3 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Robert Montemarano Y 350,000 Richard Buzbuzian Y 200,000 Aggregate Pro Group Involvement P 833,333 [1 placee]
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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