NIKOS EXPLORATIONS LTD. ("NIK") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: Jun 08, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 16, 2016:
Flow-Through Shares:
Number of FT Shares: 100,000 flow through shares
Purchase Price: $0.10 per flow through share
Warrants: 50,000 share purchase warrants to purchase 50,000 shares
Warrant Initial Exercise Price: $0.15
Warrant Term to Expiry: 2 Years
Non Flow-Through Shares:
Number of Non-FT Shares: 1,650,000 non flow through shares
Purchase Price: $0.08 per non flow through share
Warrants: 1,650,000 share purchase warrants to purchase 1,650,000 shares
Warrant Initial Exercise Price: $0.15
Warrant Term to Expiry: 2 Years
Number of Placees: 8 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Roger Moss Y 30,000 Aggregate Pro-Group Involvement[1 Placee] P 100,000
Finder's Fee: Peter Vermeulen 50,000 shares John Cooper $250.00 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 guarantees 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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