Shares for debt, TSXV approval ________________________________________
FANTASY ACES DAILY FANTASY SPORTS CORP. ("FAS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: May 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 67,815,673 Common Shares to settle outstanding debts of $1,695,391.83.
Number of Creditors: 10 Creditors
Insider / Pro Group Participation:
| Creditor | Insider=Y /
Progroup=P | Amount
Owing | Deemed Price
per Share | # of Shares |
| | | | | |
| Blackhawk Resource Corp | Y | $524,643.20 | $0.025 | 20,985,728 |
| | | | | |
| Thomas R. Cipolla | Y | $35,000 | $0.025 | 1,400,000 |
| | | | | |
| Dave Antony | Y | $70,000 | $0.025 | 2,800,000 |
| | | | | |
| Thomas A. Frisna | Y | $354,000 | $0.025 | 14,160,000 |
| | | | | |
| Bryan Frisina | Y | $94,000 | $0.025 | 3,760,000 |
| | | | | |
| Trent Frisina | Y | $94,000 | $0.025 | 3,760,000 |
| | | | | |
| Michael Olson | Y | $42,000 | $0.025 | 1,680,000 |
The Company shall issue a news release when the shares are issued and the debt extinguished.