NEX COMPANIES
CAMEO RESOURCES CORP. ("CRU")
[formerly Cameo Resources Corp. ("CRU.H")]
BULLETIN TYPE: Graduation from NEX to TSX Venture, Symbol Change, Private Placement - Non-Brokered
BULLETIN DATE: October 5, 2015
NEX Company
Cameo Resources Corp. (the "Company") has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on opening, Tuesday, October 6, 2015, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Vancouver.
Effective at the opening Tuesday, October 6, 2015 the trading symbol for the Company will change from CRU.H to CRU.
Capitalization: Unlimited shares with no par value of which
64,822,729 shares are issued and outstanding
Escrow: Nil shares
Private Placement -Non-Brokered:
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 29, 2015:
Number of Shares: 26,666,664 shares
Purchase Price: $0.03 per share
Warrants: 26,666,664 share purchase warrants to purchase 26,666,664 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Placees: 25 Placees
Finder's Fee: $15,820 cash and 527,333 warrants payable to PI Financial Corp.
$11,200 cash and 140,000 warrants payable to Wolverton Securities Ltd.
Finder's fee warrants are exercisable at $0.05 per share for two years.
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.
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