KFG RESOURCES LTD. ("KFG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 30, 2009:
Number of Shares: 8,333,333 shares
Purchase Price: $0.06 per share
Warrants: 8,333,333 share purchase warrants to purchase 8,333,333 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 43 placees
Insider / Pro Group Participation: N/A
Finder's Fee: $20,000 and 416,666 warrants payable to Union Securities Ltd.
$20,000 and 416,667 warrants payable to MGI Securities
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. [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.]
TSX-X
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