DATINVEST INTERNATIONAL LTD. ("DAI.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 16, 2011
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 6, 2011:
Number of Shares: 7,692,308 shares
Purchase Price: $0.065 per share
Warrants: 7,692,308 share purchase warrants to purchase 7,692,308 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 15 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Jason Birmingham Y 700,000
Balraj Mann Y 500,000
David Toyoda Y 100,000
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.
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