ALBA MINERALS LTD. ("AA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 1, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 29, 2017 and December 1, 2017:
Number of Shares: 13,735,000 shares
Purchase Price: $0.06 per share
Warrants: 13,735,000 share purchase warrants to purchase 13,735,000 shares
Warrant Exercise Price: $0.075 for a one year period
Number of Placees: 22 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Mark Ireton Y 2,000,000
Arthur Brown Y 2,000,000
Sandy MacDougall Y 2,000,000
Carlos Arias Y 300,000
Finder's Fee: Foster & Associates Financial Services Inc. - $4,320.00 and 72,000 warrants that are exercisable into common shares at $0.075 per share for a one year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued closing news releases dated November 29, 2017 and December 1, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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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