Bulletin Contents
Search
Home Page
 
*Prime Mining Corp. 
Listed Company 

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.
________________________________________