SIYATA MOBILE INC. ("SIM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 17, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 27, 2016:
Number of Shares: 8,299,714 shares
Purchase Price: $0.35 per share
Warrants: 8,299,714 share purchase warrants to purchase 8,299,714 shares
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 74 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 1,513,428
[11 Placees]
Finder's Fee: $25,309 payable to Haywood Securities Inc., with 72,310 warrants exercisable at $0.35 for two years
$6,860 payable to PI Financial Corp., with 19,600 warrants exercisable at $0.35 for two years
$69,247.49 payable to Leede Jones Gable, with 197,850 warrants exercisable at $0.35 for two years
$30,649.50 payable to Canaccord Genuity Corp., with 87,570 warrants exercisable at $0.35 for two years
$15,820 payable to Mackie Research Capital Corporation, with 40,000 warrants exercisable at $0.35 for two years
The Company issued a news release on June 10, 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.
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