URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 27, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the third (and final) tranche of a Non-Brokered Private Placement announced February 5, 2015 and March 23, 2015:
Number of Shares: 2,030,000 shares
Purchase Price: $0.10 per share
Warrants: 2,030,000 half-share purchase warrants to purchase 1,015,000 shares
Warrant Exercise Price: $0.20 for an eighteen (18) month period
Number of Placees: 21 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 435,000
[5 Placees]
Finder's Fee: $945 and 9,450 finder's warrants payable to Integral Wealth Securities Ltd.
$1,400 and 14,000 finder's warrants payable to Navigator Capital Partners Inc.
$3,220 and 32,200 finder's warrants payable to Canaccord Genuity Corp.
$1,680 and 16,800 finder's warrants payable to Dana Gilman
$1,015 and 10,150 finder's warrants payable to Paul Pigeon.
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.
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