SILVER RANGE RESOURCES LTD. ("SNG") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 18, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 31, 2017:
Number of Shares: 4,000,000 shares
Purchase Price: $0.20 per share
Warrants: 4,000,000 share purchase warrants to purchase 4,000,000 shares
Warrant Exercise Price: $0.30 for a two year period
Number of Placees: 13 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares 618097 Alberta Ltd. (Bruce Kenway, James Stephen) Y 300,000 Aggregate Pro Group Involvement P 350,000 [1 Placees]
Finder's Fee: Canaccord Genuity Corp. receives $3,000 PI Financial Corp. receives $6,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on April 11, 2017. [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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