GWR RESOURCES INC. ("GWQ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 24, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 24, 2015, July 23, 2015 and August 10, 2015:
Number of Shares: 8,000,000 shares
Purchase Price: $0.05 per share
Warrants: 8,000,000 share purchase warrants to purchase 8,000,000 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 25 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Robert Shives Y 240,000
Rolf Van Driesum Y 150,000
Aggregate Pro Group Involvement P 600,000
[2 Placees]
Finder's Fee: $32,000 payable to Canaccord Genuity Corp., with 640,000 warrants exercisable at $0.10 for two years
The Company issued news releases on July 23, 2015 and August 21, 2015 confirming closing of the private placement. 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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