MINCOM CAPITAL INC ("MOI")
[formerly Mincom Capital Inc. ("MOI.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Reinstated for Trading
BULLETIN DATE: May 9, 2014
TSX Venture Tier 2 Company
Qualifying Transaction:
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Management Information Circular dated February 25, 2014. The closing of the Qualifying Transaction has occurred on May 8, 2014. As a result, at the opening on Monday, May 12, 2014, the Company will no longer be considered as a Capital Pool Company.
The Qualifying Transaction consists of an acquisition of a 100% interest in the Romer Property (the "Property") composed of 149 contiguous and 2 isolated map-designated mining claims located in the Labrador Trough sector of Nunavik, Northern Quebec from the non-arm's length party Focus Graphite Inc. (TSX-V: FMS). The consideration paid consists of a cash payment of $250,000 and 2,500,000 common shares issued at a deemed price of $0.30 per share, which were all escrowed at closing.
The Company is classified as a "Metal Ore Mining" (NAICS Number: 2122) Company.
For further information, please refer to the Company's Information Circular dated February 25, 2014, available on SEDAR.
Private Placement-Non-Brokered:
TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement announced on February 26, 2014:
Number of Shares: 615,665 Common Shares
Purchase Price: $0.30 per share
Number of Placees: 13 placees
Insider / Pro Group Participation:
Name
Insider = Y /
Pro Group = P
Number
of shares
Gary Economo
Y
83,333Finder's Fee: Fin-XO Securities Inc. received a cash payment of $11,970 and 39,900 finder's warrants to purchase 39,900 common shares at $0.30 per share over a period of 12 months from the closing.
The Company has confirmed that the closing of the Qualifying Transaction and the Private Placement has occurred on May 8, 2014.
Reinstated for Trading
Further to TSX Venture Exchange Bulletin dated September 27, 2013, the Company trading of the securities of the Resulting Issuer will resume at the opening on Monday, May 12, 2014.
Capitalization: Unlimited shares with no par value of which
17,387,257 common shares will be issued and outstanding
Escrowed Shares 7,493,333 common shares of which
749,333 common shares are released at the date of this bulletin
Transfer Agent: Computershare Investor Services Inc. - Montreal and Toronto
Trading Symbol: MOI (Same symbol as CPC but with ".P" removed)
CUSIP Number: 60254F103 (UNCHANGED)
The Exchange has been advised that the above transactions have been completed.
Company Contact: Ms. Judith Mazvihwa-MacLean, Chief Financial Officer
Company Address: 130 Albert Street, Suite 912, Ottawa Ontario K1P 5G4
Company Phone Number: 613-241-4040
Company Fax Number: 613-241-8632
E-mail Address: judith@mincomcapital.com
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