CLEAR GOLD RESOURCES INC. ("CFA.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 5, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 28, 2014 and December 4, 2014:
First Tranche:
Number of Shares: 6,920,000 shares
Purchase Price: $0.05 per share
Warrants: 6,920,000 share purchase warrants to purchase 6,920,000 shares
Warrant Exercise Price: $0.17 for a one year period
Number of Placees: 12 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 300,000
[2 Placees]
Finder's Fee: $5,600 cash and 112,000 warrants payable to Jordan Capital Markets Inc.
$800 cash and 16,000 warrants payable to Haywood Securities Inc.
Finder's fee warrants are exercisable at $0.17 per share for one year.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 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.
________________________________________
|
|
