Bulletin Contents
Search
Home Page
 
*New Carolin Gold Corp. 
Listed Company 

NEW CAROLIN GOLD CORP. ("LAD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: March 10, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 3, 2016:

Number of Shares: 22,535,000 shares

Purchase Price: $0.05 per share

Warrants: 22,535,000 share purchase warrants to purchase 22,535,000 shares

Warrant Exercise Price: $0.07 for a one year period
$0.08 in the second year

Number of Placees: 23 Placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
Robert Lunde Y 400,000

Finder's Fee: EMD Financial Inc. $40,000 cash and 800,000 warrants payable.
Scarsdale Equities LLC $17,500 cash and 350,000 warrants payable.
-Each warrant has the same terms as the offering warrants.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [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.]
________________________________________