EARTHWORKS INDUSTRIES INC. ("EWK")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 25, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 3, 2016:
Number of Shares: 715,000 shares
Purchase Price: $0.15 per share
Warrants: 357,500 share purchase warrants to purchase 357,500 shares
Warrant Exercise Price: $0.25 for a two year period, subject to an accelerated expiry
Number of Placees: 8 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
David Andrews Y 70,000
The Company issued a news release on April 25, 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.
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