The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement for Arian Resources Corp. announced Oct. 14, 2014:
Number of shares: 4.7 million shares
Purchase price: 15 cents per share
Warrants: 4.7 million share purchase warrants to purchase 4.7 million shares
Warrant exercise price: 25 cents for a five-year period
Placees: five
Insiders: Donzam International Investments
(Dong Tao) one million
Finder's fee: Zabina Ventures (Fayyaz Alimohamed) will receive a finder's fee of 70,000 common shares and 70,000 finder's warrants that are exercisable into common shares at 25 cents per share for a 24-month period.
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