SUPERIOR MINING INTERNATIONAL CORPORATION ("SUI")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s, Amendment, Warrant Term Extension
BULLETIN DATE: November 29, 2013
TSX Venture Tier 2 Company
Private Placement-Non-Brokered, Convertible Debenture/s, Amendment:
Further to the bulletin dated November 30, 2012, TSX Venture Exchange has accepted for filing an amendment to the Non-Brokered Private Placement announced November 6, 2012. The amendment relates to the extension of the maturity date as follows:
Convertible Notes $200,000
Conversion Price: Convertible into shares at $0.10 of principal outstanding
Maturity date: November 28, 2015
Warrants see warrant term extension below
Interest rate: 12% per annum. Interest may be payable in shares subject to separate Exchange approval.
Number of Placees: 6 placees
Warrant Term Extension:
TSX Venture Exchange has also consented to the extension in the expiry date of the following warrants:
Private Placement:
# of Warrants: 2,000,000
Original Expiry Date of Warrants: November 28, 2013
New Expiry Date of Warrants: November 28, 2015
Exercise Price of Warrants: $0.10
These warrants were issued pursuant to a private placement of $200,000 convertible notes with detachable share purchase warrants, which was accepted for filing by the Exchange effective November 30, 2012.
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