GREATBANKS RESOURCES LTD. ("GTB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 30, 2015:
Number of Shares: 6,866,200 shares
Purchase Price: $0.05 per share
Warrants: 6,866,200 share purchase warrants to purchase 6,866,200 shares
Warrant Exercise Price: $0.08 for a three year period
Number of Placees: 11 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Jeffrey Stevens Y 1,040,000
Ronnie D. Doman Y 1,040,000
Westridge Management Y 1,250,000
International Limited
(Andrew Male)
Douglas Hurst Y 200,000
Finder's Fee: An aggregate of $800 in cash and 16,000 finders' warrants payable to Canaccord Genuity Corp. Each finder's warrant entitles the holder to acquire one common share at $0.05 for a one year period.
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.
For further details, please refer to the Company's news release dated July 14, 2015.
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