TSXV:RZL.H - Post by User
Post by
Maupition Jul 18, 2015 3:43am
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Post# 23936875
Insider buy
Insider buyCADAN RESOURCES CORPORATION ("CXD")
BULLETIN TYPE: Private Placement-Non-Brokered, Remain Suspended
BULLETIN DATE: July 17, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 4, 2015:
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First Tranche:
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Number of Shares:
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15,325,020 shares
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Purchase Price:
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$0.05 per share
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Warrants:
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15,325,020 share purchase warrants to purchase 15,325,020 shares
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Warrant Exercise Price:
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$0.10 for a one year period
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Number of Placees:
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6 Placees
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Insider / Pro Group Participation:
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Insider=Y /
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Name
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ProGroup=P
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# of Shares
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Peter Main
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Y
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2,190,190
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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.
https://www.newswire.ca/en/story/1572551/tsx-venture-exchange-daily-bulletins