warrants...REGENT VENTURES LTD. ("REV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 3, 2006
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for expedited filing documentation
with respect to a Non-Brokered Private Placement announced January
13, 2006:
Number of Shares: 10,000,000 shares (of which 50%
are flow-through)
Purchase Price: $0.06 per share
Warrants: 8,000,000 share purchase
warrants to purchase 8,000,000
shares
Warrant Exercise Price: $0.20 for a one year period
Should the Company's shares trade at or above a weighted average
trading price of $0.30 per share for ten consecutive trading days,
the Company will have the right to issue a written notice that the
warrants will expire 30 days from providing such notice.
Number of Placees: 28 placees
Insider / Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ # of Shares
Active Management Ltd.
(Eberhard Mueller) Y 1,000,000
Danny Harada P 100,000
Mercap Investments Inc.
(E. Mueller and Rick Wilson) Y 1,000,000
Richard Wilson Y 200,000
Court Moore P 50,000
Maria Pedrosa P 1,175,000
Peter Ross P 250,000
John Rybinski P 1,175,000
Cindy Schoenhaar P 50,000
John Tognetti P 2,000,000
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. 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.