Private Placement ClosedEQUITAS RESOURCES CORP. ("EQT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 2, 2011
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced July 7, 2011:
Number of Shares: 9,558,333 shares
Purchase Price:
.15 per share
Warrants: 4,779,166 share purchase warrants to purchase 4,779,166 shares
Warrant Exercise Price:
.20 for a two year period. If the volume weighted average trading price is greater than
.30 for 15 consecutive trading days at any time after four months and one day after closing the Company may, upon giving notice to the warrantholder, shorten the expiry date of the warrants to 30 days from the date of notice.