Vantex Resources InfoVANTEX RESOURCES LTD. ("VTX")
BULLETIN TYPE: Private Placement- Brokered
BULLETIN DATE: December 19, 2007
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the documentation with
respect to a Brokered Private Placement, announced on November 13, 2007:
Number of Shares: 3,373,709 flow-through common shares.
Purchase Price: $0.155 per flow-through common share.
Warrants: 1,686,854 warrants to purchase 1,686,854 common
shares
Warrants Exercise Price: $0.185 for a period of 24 months following the
closing of the Private Placement
Number of Placees: 10 placees
Insider/Pro Group Participation:
Name Insider equals Y/Pro Group equals P Number of Shares
Vic Alboini P 645,161
Cory Almquist P 40,000
Agent's Fee: $41,833.99 in cash, and 337,370 Broker's
Options, were paid to Northern Securities Inc.
Each option entitles the Holder to purchase one
unit of the Private Placement, consisting of one
common share and one half of one common share
purchase warrant, at a price of $0.155 per unit
for a period of 24 months following the closing
of the Private Placement. Each full warrant
entitles the Holder to acquire one common share
that may be exercised at a price of $0.185 over
a period of 24 months following the closing.
The Company has announced the closing of the Private Placement by way of a
press release dated December 14, 2007.