TELO GENOMICS CORP. ("TELO")
BULLETIN TYPE: Shares for Services
BULLETIN DATE: July 18, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 150,000 shares at a deemed price of $0.28 and 75,000 warrants, in consideration of certain services provided to the Company pursuant to an agreement dated June 27, 2023. Each warrant is non-transferable and exercisable to acquire one common share of the Company at a price of $0.40 per common share for a period of 12 months from the date of issuance.
Number of Service Providers: 1
Non-Arm's Length Party / Pro Group Participation:
Creditors # of Creditors Amount Owing Deemed Price per Share Aggregate # of Shares
Aggregate Non-Arm's Length Party Involvement: N/A N/A N/A N/A
Aggregate Pro Group Involvement: 1 $42,000 $0.28 150,000
Warrants: 75,000 share purchase warrants to purchase 75,000 shares
Warrant Exercise Price: $0.40 for a one year period
For further details, please refer to the Company's news release dated June 30, 2023.
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