ARGUS METALS CORP. ("AML")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: March 28, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 24, 2017:
Convertible Debenture $60,000.00 (60 convertible debentures each having a principal amount of $1,000)
Conversion Price: Convertible into common shares at $0.15 per share for a three year period.
Maturity date: 36 months from the date of issue
Interest rate: 8%
Number of Placees: 1 Placee
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Southern Gold Resources Ltd. (Alan Savage) Y $60,000
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).
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