SOLIMAR ENERGY LIMITED ("SXS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 1, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,763,388 common shares of the Company ("Shares") at a deemed price of $0.0579 per Share in satisfaction of interest payments owed to debentureholders in the amount of $160,000.
Number of Creditors: 6 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price #of
Creditor Progroup=P Owing per Share Shares
Aggregate Pro-Group Involvement P AUD$6,000 AUD$0.0579 103,627
(1 placee)
The Company shall issue a news release when the shares are issued and the debt extinguished.
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