OTCQX:BALMF - Post by User
Post by
blue_eagleon May 19, 2014 1:33pm
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Post# 22575597
In the beginning..there was...
In the beginning..there was... o douglasorr BALMORAL RESOURCES LTD. ("BAR.H")
(formerly Great Southern Enterprises Corp. ("GSR.H"))
BULLETIN TYPE: Name Change and Consolidation, Private Placement-Non-
Brokered
BULLETIN DATE: March 26, 2010
NEX Company
Name Change and Consolidation:
Pursuant to a special resolution passed by shareholders November 23, 2009,
the Company has consolidated its capital on a 15 old for 1 new basis and
subsequently increased its authorized capital.
Effective at the opening Monday, March 29, 2010, the common shares of
Balmoral Resources Ltd. will commence trading on TSX Venture Exchange, and the
common shares of Great Southern Enterprises Corp. will be delisted. The
Company is classified as a 'Mining Exploration' company.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
2,105,047 shares are issued and outstanding
Escrow 18,476 shares are subject to escrow
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: BAR.H (new)
CUSIP Number: 05874M 10 3 (new)
Non-Brokered Private Placement:
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced November 10, 2009 and amended on
November 12, 2009 and January 4, 2010:
Number of Shares: 25,000,000 shares
Purchase Price:
.06 per share
Number of Placees: 65 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / No. of Shares
Gerald Fabbro P 80,000
Sharon Fabbro P 80,000
Michele Sinclair P 25,000
Peter M. Brown P 200,000
M. Brian Casper P 100,000
Fred Hofman P 500,000
Linda Buckland P 400,000
Greg Goernert P 245,000
Ali Pejman P 200,000
John Tognetti P 1,200,000
Gary Bogdanovich P 100,000
John Toporowski Y 3,700,000
Henk Van Alphen Y 6,000,000
Kim Dunfield P 1,500,000
Gerri Lynne Anderson P 65,000
Finder's Fee: 2,500,000 shares payable to Mark Gelmon
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.