ELECTRA STONE LTD. ("ELT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Dec 21, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Nov 25, 2016:
Number of Shares: 9,135,000 shares
Purchase Price: $0.04 per share
Warrants: 9,135,000 share purchase warrants to purchase 9,135,000 shares
Warrant Initial Exercise Price: $0.05
Warrant Term to Expiry: 1 Year
Number of Placees: 9 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Costigan Capital Y 4,905,000
(John Costigan)
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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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