AVANTI ENERGY INC. ("AVN") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 7, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2014 and February 24, 2014:
Number of Shares: 7,430,578 shares
Purchase Price: USD$0.145 per share (CAD$0.16)
Number of Placees: 45 placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Robin Gamley Y 68,750 George J. Donnelly Y 175,000 Aggregate Pro Group Involvement P 715,000 [8 placees]
Finders' Fees: Fieldstone Partners (Stephen C. Cook) - 145,991 non-transferable warrants that are exercisable into common shares at CAD$0.16 per share to March 3, 2016.
Canaccord Genuity Corp. - CAD$13,063.20 and USD$870.00
Leede Financial markets Inc. - CAD$2,400.00
Matthew Johansen - CAD$6,720.00
Richard Martel - CAD$6,456.00
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. ________________________________________
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