SHAMARAN PETROLEUM CORP. ("SNM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 2, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 19, 2017 and January 20, 2017:
Number of Shares: 360,000,000 shares
Purchase Price: $0.10 per share
Number of Placees: 59 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Zebra Holdings and Investments Sarl Y 43,463,618
Lorito Holdings Sarl Y 16,984,621
Lundin Petroleum AB Y 17,800,000
Finder's Fee: Pareto Securities AB receives $1,198,207.04
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on January 30, 2017.
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