EAST ASIA MINERALS CORPORATION ("EAS") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: May 17, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 17, 2017:
Number of Shares: 27,519,668 shares
Purchase Price: $0.12 per share
Warrants: 13,759,834 share purchase warrants to purchase 13,759,834 shares
Warrant Exercise Price: $0.50 for a five year period
Number of Placees: 120 Placees
Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares
Aggregate Pro Group Involvement P 4,863,334 [11 Placees]
Finder's Fee: $7,224 cash and 60,200 warrants payable to Leede Jones Gable Inc. $76,510.01 cash and 637,583 warrants payable to Haywood Securities Inc. $87,847.20 cash and 732,060 warrants payable to PI Financial Corp. $19,950 cash and 166,250 warrants payable to Hampton Securities Inc. $15,400.01 cash and 128,333 warrants payable to Canaccord Genuity Corp. $1,764 cash and 14,700 warrants payable to Chippingham Financial Group Finder's fee warrants are exercisable at $0.12 per share for two years.
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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