ARGUS METALS CORP. ("AML") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 31, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 2, 2016:
Number of Shares: 333,000 flow-through shares 580,500 non-flow-through shares
Purchase Price: $0.15 per flow-through share $0.10 per non-flow-through share
Warrants: 290,250 share purchase warrants to purchase 290,250 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 5 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Mike Collins Y 218,500 nf/t Badger Minerals Ltd. (Alan Savage) Y 312,000 nf/t Southern Gold Resources Ltd. Y 299,000 f/t
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(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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