KNIGHTSWOOD FINANCIAL CORP. ("KWF") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: March 17, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced :
Number of Shares: 18,272,773 shares
Purchase Price: $0.055 per share
Warrants: 18,272,773 share purchase warrants to purchase 18,272,773 shares
Warrant Exercise Price: $0.07 for a two year period
Number of Placees: 19 Placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares Aggregate Pro Group Involvement P 2,727,271 [3 Placees]
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period on March 14, 2017. [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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