SIMAVITA LIMITED ("SV") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: May 25, 2015 TSX Venture Tier 2 Company
Further to the bulletin dated April 8, 2015, TSX Venture Exchange has accepted for filing a second tranche of a Brokered Private Placement announced April 1, 2015:
Number of Shares: 85,555 Chess Depositary Interests
Purchase Price: AUD$0.45 per share
Number of Placees: 2 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Craig Holland Y 30,000 Warren Ross Bingham Y 55,555
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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