FYI CAVAN VENTURES INC. ("CVN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 25, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced July 15, 2013:
| Second Tranche: | |
| Number of Shares: | 1,700,000 shares |
| Purchase Price: | $0.05 per share |
| Warrants: | 1,700,000 share purchase warrants to purchase 1,700,000 shares |
| Warrant Exercise Price: | $0.10 for a two year period |
| Number of Placees: | 4 placees |
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.