FJORDLAND EXPLORATION INC. ("FEX") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: October 25, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 08, 2016:
Number of Shares: 2,521,500 shares
Purchase Price: $0.10 per share
Warrants: 2,521,500 share purchase warrants to purchase 2,521,500 shares
Warrant Initial Exercise Price: $0.15
Warrant Term to Expiry: 1 Year
Number of Placees: 10 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Les Entreprises de Richard Atkinson Ltee Y 500,000 (Richard Atkinson) Peter Krag-Hansen Y 400,000
Finder's Fee: Canaccord Genuity Corp $1,200.00 cash; 12,000 warrants Haywood Securities Inc. $1,200.00 cash; 12,000 warrants Cowboy Capital Management LLC (Dustin & Tiffany Ralston) $595.00 cash
Finder Warrant Initial Exercise Price: $0.15
Finder Warrant Term to Expiry: 1 year from closing
The Company issued a news release on September 29, 2016 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.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee 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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