NAIKUN WIND ENERGY GROUP INC. ("NKW") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: Sep 12, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Jul 20, 2016:
Number of Shares: 9,078,069 shares
Purchase Price: $0.07 per share
Warrants: 4,539,033 share purchase warrants to purchase 4,539,033 shares
Warrant Initial Exercise Price: $0.15
Warrant Term to Expiry: 3 Years
Number of Placees: 10 Placees
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares Philip Hughes Y 714,285 Joseph Houssian Y 1,428,572 Arthur Willms Y 220,000 Michael O'Connor Y 71,428 David Rehn Y 71,428 ENMAX Generation Portfolio Inc. Y 714,285
Finder's Fee: Gordon Link 71,428 shares
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 guarantees 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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