ENGOLD MINES LTD. ("EGM") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 24, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 3, 2017:
Number of Shares: 4,000,000 shares
Purchase Price: $0.50 per share
Warrants: 4,000,000 share purchase warrants to purchase 4,000,000 shares
Warrant Exercise Price: $0.60 for a two year period
Number of Placees: 23 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Anton Novak Y 1,000,000 Finder's Fee: 280,000 warrants payable to Canaccord Genuity Corp. Finder's fee warrants are exercisable at $0.60 per share for two years.
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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