MUNDORO CAPITAL INC. ("MUN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 3, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 9, 2016:
Number of Shares: 8,333,333 shares
Purchase Price: $0.12 per share
Warrants: 4,166,666 share purchase warrants to purchase 4,166,666 shares
Warrant Exercise Price: $0.20 for a two year period, subject to an acceleration clause.
Number of Placees: 29 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Abaco Capital L.P. (Michael Sheridan) Y 805,884
Finder's Fee: Sprott Global Resource Investments, Ltd. $45,000 cash payable.
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. [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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