Healios KK Ord Shs HLOSF

PP

[Tumbleweed67]

Seems odd someone would be dumping @ 4 cents when the "professional" investors are placing a higher value on the SP. This reads as a separate PP than the previous NR about Pinetree? Theirs was @ 7.5 cents, I believe.

HALO RESOURCES LTD. ("HLO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 23, 2009
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second tranche of a Non-Brokered Private Placement announced October 19, 2009:
Number of Shares:         2,500,000 flow-through shares
Purchase Price:            
.05 per share
Warrants:                      1,250,000 share purchase warrants to purchase 1,250,000 shares
Warrant Exercise Price: 
.15 for a one year period
.20 in the second year
Number of Placees:        1 placee
Finder's Fee:                  $6,250 and 175,000 finder warrants exercisable
at
.05 for a period of two years into one
flow-through common share and one-half of one
share purchase warrant with the same terms as
above, payable to Limited Market Dealer Inc.
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

TW