TSX VENTURE COMPANIES:
88 CAPITAL CORP. ("EEC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 21, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 17, 2014:
Number of Shares: 10,000,000 shares
Purchase Price: $0.06 per share
Warrants: 10,000,000 share purchase warrants to purchase 10,000,000 shares
Warrant Exercise Price: $0.08 for a five year period
Number of Placees: 13 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Greg Amor Y 996,667
423093 BC Ltd. (Bruce Warren Lemer) Y 1,666,667
Finder's Fee: $54,020 and 990,333 warrants payable to Larry James. Each warrant is exercisable at a price of $0.08 for a five year period.
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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