EPOWER METALS INC. ("EPWR) BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: December 7, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 3, 2017:
Number of Shares: 5,000,000 shares
Purchase Price: $0.20 per share
Warrants: 2,500,000 share purchase warrants to purchase 2,500,000 shares
Warrant Exercise Price: $0.45 for a two year period
Number of Placees: 72 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Michael Collins Y 330,000 Lonsdale Capital Corp. (Alan Savage) Y 150,000 Badger Mineral (Alan Savage) Y 50,000 S2 Management Inc. (Simon Anderson) Y 25,000 Aggregate Pro Group Involvement P 767,500 [9 Placees)]
Finder's Fee: PI Financial Corp. - $18,515 and 92,575 Finder's Warrants that are exercisable into common shares at $0.45 per share for a 24 month period.
Kosta Tsoutsis - $18,725 and 93,625 Finder's Warrants that are exercisable into common shares at $0.45 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 December 7, 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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