NUBIAN RESOURCES LTD. ("NBR") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 6, 2020 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 28, 2020 and June 25, 2020:
Number of Shares: 11,763,542 shares
Purchase Price: $0.15 per share
Warrants: 5,881,776 share purchase warrants to purchase 5,881,776 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 56 placees
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P # of Shares David Fynn Y 70,000 Markus Janser Y 100,000 Scott Jobin-Bevans Y 100,000 Charlotte May Y 70,000 Clariden Capital Ltd. (C. Smyth) Y 300,000 Cornerstone Advisors Pty Ltd. (C. Smyth) Y 173,200 Martin Walter Y 100,000 Lawrence Treadgold Y 88,000
Finder's Fee: An aggregate of $54,660 in cash and 364,400 finder's warrants payable to Canaccord Genuity Corp., Haywood Securities Inc., Leede Jones Gable Inc., PI Financial Corp., PowerOne Capital Markets Limited, Richardson GMP Limited, Pollitt & Co. Inc. and Patrick Bellmore. Each finder's warrant entitles the holder to acquire one unit at $0.15 for a two year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), 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. ________________________________________
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