RE: Three insiders participated in the last financ That right Gina a debenture financing, but the CEO has put mega dollars into Rochester in the past as you know as well. That's how he obtained his almost 9 million shares in the first place. Paid .15 for .20 warrants
ROCHESTER RESOURCES LTD. ("RCT")
BULLETIN TYPE: Private Placement-Non-Brokered, Private Placement-Brokered
BULLETIN DATE: December 10, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 25, 2009:
Number of Shares: 82,859,960 shares (76,667,000 brokered, 6,192,960 non-brokered)
Purchase Price: $0.15 per share
Warrants: 82,859,960 share purchase warrants to purchase 82,859,960 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 49 placees
Insider / Pro Group Participation:
Insider=Y /
Eduardo Luna Y 8,656,360