EUREKA RESOURCES INC. ("EUK") BULLETIN TYPE: Shares for Debt BULLETIN DATE: March 17, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 906,333 shares at a deemed price of $0.075 per share to settle outstanding debt for $67,975.
Number of Creditors: 7 Creditors
Insider / Pro Group Participation: Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares MDS Management Ltd. (Michael Sweatman) Y $15,750 $0.075 210,000 MBP Management Ltd. (Brent Petterson) Y $9,975 $0.075 133,000 Rhodanthe Corporate Services (Christina Boddy) Y $3,150 $0.075 42,000 Infiniti Drilling Corporation (Kristian Whitehead) Y $8,400 $0.075 112,000 John R. Kerr Y $5,200 $0.075 69,333
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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