CONTAGIOUS GAMING INC. ("CNS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 3, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 13, 2018:
Number of Shares: 17,000,000 shares
Purchase Price: $0.06 per share
Warrants: 8,500,000 share purchase warrants to purchase 8,500,000 shares
Warrant Exercise Price: $0.10 for a two-year period
Number of Placees: 52 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 1,175,000
[3 placees]
Finder's Fee: 285,000 common shares and 142,500 warrants payable to Haywood Securities Inc.
1,289,167 common shares and 644,583 warrants payable to Canaccord Genuity Corp.
Finder's fee warrants are exercisable at $0.10 per share for two years.
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. 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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