ELECTRA STONE LTD. ("ELT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 22, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 31, 2015:
Number of Shares: 6,036,868 shares
Purchase Price: $0.083 per share
Warrants: 6,036,868 share purchase warrants to purchase 6,036,868 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 8 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Zimtu Capital Corp. Y 500,000
Finder's Fee: $664.00 plus 8,000 warrants is payable to PI Financial Corp.
$1,660.00 plus 20,000 warrants is payable to Canaccord Genuity Corp.
$6,440.80 plus 77,600 warrants is payable to Ascenta Finance Corp.
________________________________________
|
|
