More news on PPMUSTANG MINERALS CORP. ("MUM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 14, 2008
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced December 12, 2007:
Number of Shares: 3,513,667 flow through shares
Purchase Price: $0.65 per share
Number of Placees: 59 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Robert Carmosino P 15,500
Michael Janacek P 61,346
Michael Comeau P 25,000
Gerald Harper Y 10,000
122989 Ontario Ltd.
(R. Dunbar) Y 20,000
Finder's Fee: an aggregate of $129,820.98 payable to Research
Capital Corporation, Jennings Capital Inc.,
Raymond James Ltd., Allgroup Financial Services
Inc., Secutor Capital Management Corporation,
Global Maxfin Capital Inc. and Commerce Capital
Inc.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has
issued a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s).