EAST ASIA MINERALS CORPORATION ("EAS")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: December 13, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants:
Private Placement:
# of Warrants: 13,759,834
Expiry Date of Warrants: May 8, 2022
Original Exercise Price of Warrants: $0.50
New Exercise Price of Warrants: $0.15
These warrants were issued pursuant to a private placement of 27,519,668 shares with 13,759,834 share purchase warrants attached, which was accepted for filing by the Exchange effective on May 17, 2017.
Private Placement:
# of Warrants: 4,700,000
Expiry Date of Warrants: March 8, 2022
Original Exercise Price of Warrants: $0.50
New Exercise Price of Warrants: $0.15
These warrants were issued pursuant to a private placement of 9,400,000 shares with 4,700,000 share purchase warrants attached, which was accepted for filing by the Exchange effective March 9, 2017.
Private Placement:
# of Warrants: 5,594,053
Expiry Date of Warrants: December 9, 2019 (976,493 warrants)
March 10, 2020 (4,617,500 warrants)
Forced Exercise Provision: If the closing price for the Company's shares is $0.19 or greater for a period of 10 consecutive trading days, then the warrant holders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.
Original Exercise Price of Warrants: $1.00
$0.50 (amended on July 24, 2017)
New Exercise Price of Warrants: $0.15
These warrants were issued pursuant to a private placement of 5,594,053 shares with 5,594,053 share purchase warrants attached, which was accepted for filing by the Exchange effective December 5, 2014 and March 10, 2015.
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