URBAN COMMUNICATIONS INC. ("UBN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: Mar 20, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Mar 15, 2017:
Number of Shares: 10,364,291 shares
Purchase Price: $0.07 per share
Warrants: 10,364,291 share purchase warrants to purchase 10,364,291 shares
Warrant Initial Exercise Price: $0.12
Warrant Term to Expiry: 2 Years
Number of Placees: 12 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Richard Earle Y 214,286
Alan B. Howe Y 107,143
Richard J. Earle & Pamela R. Davenport Family Trust Y 357,150
(Richard Earle)
Mitchel Shore Y 700,000
Finder's Fee:
Axxcess Capital Partners, LLC & Arete Wealth Management $25,620.00 cash
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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