GEN III OIL CORPORATION ("GIII")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: April 19, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 172,852 to settle outstanding debt for $120,998.09.
Number of Creditors: 5 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Gregory Clarkes Y $21,907.01 $0.70 31,295
Larry Van Hatten Y $28,750.45 $0.70 41,072
Paul Dipasquale Y $18,778.13 $0.70 26,825
Bryan Nethery Y $21,562.50 $0.70 30,803
John Detmold Y $30,000.00 $0.70 42,857
Warrants: Nil
The Company shall issue a news release when the shares are issued and the debt extinguished.
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