for what its worthICIENA VENTURES INC. ("IIE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 30, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 2, 2009 and amended on
September 15, 2009:
Number of Shares: 3,603,259 shares
Purchase Price: $0.15 per share
Warrants: 1,801,629 share purchase warrants to purchase
1,801,629 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 14 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
0783648 BC Ltd.
(David Lyall) P 500,000
Finders' Fees: $11,550 payable to Haywood Securities Inc.
$26,284.23 payable to 1047988 Alberta Ltd.
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.)
TSX-X