MARGAUX RED CAPITAL INC. ("MXC.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 12, 2016
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced August 10, 2016:
Number of Shares: 1,000,000 shares
Purchase Price: $0.06 per share
Number of Placees: 7 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Steve Bajic Y 200,000
Aggregate Pro Group Involvement P 275,000
[2 Placees]
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.
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