ARGUS METALS CORP. ("AML") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 3, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced July 21, 2017:
Number of Shares: 1,638,000 shares 302,981 flow-through shares
Purchase Price: $0.10 per share $0.12 per flow-through share
Warrants: 819,000 share purchase warrants to purchase 819,000 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 15 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Lonsdale Capital (Alan Savage) Y 53,000 units Finder's Fee: PI Financial Corp. - $525.00 Mackie Research Capital Corporation - $1,400.00 Andrew Bowering - 35,000 common shares and 35,000 Finder's Warrants that are exercisable into common shares at $0.15 per share for a 24 month period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated August 2, 2017 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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