PINL:HLOSF - Post by User
Post by
ama21968on Oct 13, 2010 9:19pm
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Post# 17561864
Who are they?
Who are they?HALO RESOURCES LTD. ("HLO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 13, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to the second and final tranche of a Non-Brokered Private Placement
originally announced September 29, 2010 and amended on October 1, 2010:
Number of Shares: 800,000 shares
Purchase Price:
.25 per share
Warrants: 800,000 share purchase warrants to purchase
800,000 shares
Warrant Exercise Price:
.35 for a two year period
Number of Placees: 11 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Bryan Paul P 40,000
Kelly Klatik P 30,000
Finder's Fee: $2,800 and 11,200 share purchase warrants
payable to Northern Securities Inc.
$1,800 payable to Michael Drolet
$2,600 and 10,400 share purchase warrants
payable to All Group Financial Services
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.)