The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Nov. 21, 2016.
Number of shares: four million shares
Purchase price: five cents per share
Warrants: four million share purchase warrants to purchase four million shares
Warrant initial exercise price: 10 cents
Warrant term to expiry: two years
Number of placees: three placees
Insider: England Communications Ltd. (Michael England), 825,000
shares
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.
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