FJORDLAND EXPLORATION INC. ("FEX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 28, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Aug 28, 2017:
Flow-Through Shares:
Number of FT Shares: 440,000 flow through shares
Purchase Price: $0.125 per flow through share
Warrants: 220,000 share purchase warrants to purchase 220,000 shares
Warrant Initial Exercise Price: $0.20
Warrant Term to Expiry: 18 Months
Non Flow-Through Shares:
Number of Non-FT Shares: 16,450,000 non flow through shares
Purchase Price: $0.10 per non flow through share
Warrants: 8,225,000 share purchase warrants to purchase 8,225,000 shares
Warrant Initial Exercise Price: $0.20
Warrant Term to Expiry: 18 Months
Number of Placees: 17 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
HPX BC Holdings Ltd. Y 14,000,000
(Ivanhoe Industries, LLC Private Company registered in Delaware)
Janice Davies Y 50,000
Aggregate Pro-Group Involvement [1 Placee] P 500,000
Finder's Fee:
Haywood Securities Inc. $7,600.00 cash; 38,000 warrants
Finder Warrant Initial Exercise Price: $0.20
Finder Warrant Term to Expiry: 18 months (Mar 11/19)
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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