The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 10, 2016.
Securities: 46,890,669 common share units;
each unit consists of one common share of the company, one-half of one warrant exercisable at 12 cents and one-half of one warrant exercisable at 20 cents
Price: 12 cents
Warrants: 23,445,334 warrants at 12 cents; 23,445,334 warrants at 20 cents
Exercise price: 12-cent warrants are exercisable for up to three years from the date of issuance;
20-cent warrants are exercisable for up to five years from date of issuance
Placees: 27
Insiders: Funtastic Holdings Ltd. 36,913,217;
Khurram Qureshi 500,000;
Erika Racicot 150,000
Finders' fees: $30,420 cash and 304,200 warrants payable to PI Financial Corp.;
$4,200 cash and 42,000 warrants payable to Haywood Securities;
$30,945 cash and 309,447 warrants payable to Digital Offering LLC;
each warrant is exercisable for one unit at a price of 10 cents for up to three years
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