CORONET METALS INC. ("CRF") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 20, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 14, 2014:
Number of Shares: 14,947,660 shares
Purchase Price: $0.05 per share
Warrants: 14,947,660 share purchase warrants to purchase 14,947,660 shares
Warrant Exercise Price: $0.15 for a two year period
Number of Placees: 23 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Aggregate Pro Group Involvement P 250,000 [2 placees]
Finder's Fee: $1,800 cash and 36,000 warrants payable to PI Financial Corp. - Finder's fee warrants are exercisable at $0.15 per share until February 5, 2016.
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. ________________________________________
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