NEX COMPANY:
PACIFIC TOPAZ RESOURCES LTD. ("PPZ.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 6, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2014:
Number of Shares: 4,000,000 shares
Purchase Price: $0.07 per share
Warrants: 4,000,000 share purchase warrants to purchase 4,000,000 shares
Warrant Exercise Price: $0.10 for a one year period
Number of Placees: 17 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
501287 BC Ltd. (Michael Kennedy) Y 150,000
Bernadette D'Silva Y 50,000
The Radcliffe Corporation (Frank Giustra) Y 790,000
Gordon Keep Y 400,000
Michael Kennedy Y 535,000
Aggregate Pro Group Involvement P 292,000
[2 placees]
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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