NEX COMPANY:
EMPEROR OIL LTD. ("EM.H")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 7, 2014
NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 22, 2014 and November 3, 2014:
Number of Shares: 16,460,000 shares
Purchase Price: $0.05 per share
Warrants: 16,460,000 share purchase warrants to purchase 16,460,000 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
Mark Bloom Y 1,000,000
Jett Energy Corp. (Gregory Fedun) Y 2,000,000
Gregory Fedun Y 900,000
Finder's Fee: $4,400 and 88,000 non-transferable broker warrants payable to PI Financial Corp. Each broker warrant is exercisable at a price of $0.10 for a one year period.
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.
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