SMARTCOOL SYSTEMS INC. ("SSC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Jul 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 07, 2017:
Number of Shares: 16,666,666 shares
Purchase Price: $0.03 per share
Warrants: 16,666,666 share purchase warrants to purchase 16,666,666 shares
Warrant Initial Exercise Price: $0.05
Warrant Term to Expiry: 5 Years
Number of Placees: 23 Placees
Finder's Fee:
Ascenta Finance Corp. $11,916.00 cash; 487,200 Agent's Options. Each Agent's Option entitles the holder to purchase one Unit (each, an "Agent's Option Unit") at a price of $0.03 per Agent's Option Unit for a period of two (2) years following the Closing Date, with each Agent's Option Unit consisting of one Common Share (each, an "Agent's Option Share") and one share purchase warrant (each, an "Agent's Option Warrant"), with each Agent's Option Warrant entitling the holder to purchase one additional Common Share (each, an "Agent's Option Warrant Share") at a price of $0.05 for a period of five (5) years from the date of issuance
PI Financial Corp. $2,700.00 cash
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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