KESSELRUN RESOURCES LTD. ("KES")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 14, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 10, 2016:
Number of Shares: 2,849,333 flow through shares
Purchase Price: $0.15 per share
Warrants: 1,424,667 share purchase warrants to purchase 1,424,667 shares
Warrant Exercise Price: $0.20 for a one year period
Number of Placees: 5 Placees
Finder's Fee: $38,990 payable to Matthew Johansen
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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. 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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