REPRICED?
ROCHESTER RESOURCES LTD. ("RCT")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 29, 2009
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the second tranche of a Non-Brokered Private Placement announced February 10,
2009 and March 10, 2009:
Number of Shares: 6,935,000 shares
Purchase Price: $0.20 per share
Warrants: 3,467,500 share purchase warrants to purchase
3,467,500 shares
Warrant Exercise Price: $0.30 for an 18 month period
Number of Placees: 20 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
0753331 BC Ltd.
(Marc Cernovitch) Y 270,000
Cooper Minerals Inc. Y 2,750,000
E-Energy Ventures Inc. Y 2,750,000
Eduardo Luna Y 270,000
Lindsay Bottomer Y 100,000
Joseph Keane Y 100,000
Finder's Fee: $88,000 and 500,000 warrants payable to Max
Capital Markets Ltd.
- Each warrant is exercisable for one share at a
price of $0.20 per share for an 18 month period.
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.)