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Fjordland Exploration Inc. 
Listed Company 

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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