INTERNATIONAL SAMUEL EXPLORATION CORP. ("ISS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 23, 2015:
Number of Shares: 15,000,000 shares
Purchase Price: $0.05 per share
Warrants: 15,000,000 share purchase warrants to purchase 15,000,000 shares
Warrant Initial Exercise Price: $0.10
Warrant Term to Expiry: 2 Years
Number of Placees: 19 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Third Millenium Capital Corp. Y 717,500
(Conrad Swanson)
Greg Stewart Y 400,000
Mark Tommasi Y 217,500
Aggregate Pro-Group Involvement P 600,000
[2 Placees]
Finder's Fee:
Mackie Research Capital Corporation $4,800.00 cash; 96,000 warrants
Finder Warrant Initial Exercise Price: $0.10
Finder Warrant Term to Expiry: 1 year
The Company issued a news release on February 19, 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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