GREY:ACEXF - Post by User
Post by
lscfaon Jun 12, 2017 9:21pm
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Post# 26354928
PP approved, insider participation
PP approved, insider participation QUANTUM INTERNATIONAL INCOME CORP. ("QIC")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 5, 2017:
| Number of Shares: | 3,529,404 shares |
| | |
| Purchase Price: | $0.17 per share |
| | |
| Warrants: | 3,529,404 share purchase warrants attached to purchase 3,529,404 shares |
| | |
| Warrant Exercise Price: | $0.215 for a three year period |
| | |
| Number of Placees: | 16 Placees |
Insider / Pro Group Participation:
| Name | Insider=Y /
ProGroup=P | # of Shares |
| Balla Killey Property Holdings Ltd. | Y | 294,117 |
| (Sheila Ogilvie-Harris) | | |
| Ascendant Group Holdings Inc. | Y | 1,588,235 |
| (Manu K. Sekhri) | | |
| Ryan Bouskill | Y | 117,647 |
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.