NEX COMPANY :
FANLOGIC INTERACTIVE INC. ("FLGC.H") BULLETIN TYPE: Correction BULLETIN DATE: July 8, 2020 NEX Company
Further to the TSX Venture Exchange Bulletin dated July 7, 2020, the Bulletin should have read as follows:
Conversion Price: Convertible into units consisting of one common share and one common share purchase warrant on a post-consolidation basis and pursuant to the underlying terms of the note purchase agreement at $0.05 per unit of principal and interest outstanding in year one thereafter at $0.10 in year two.
Warrants Each Warrant will have a term of two years from the date of issuance and entitle the holder to purchase one common share. The Warrants are exercisable at the greater of: (i) the price of the Company's share at the next private placement; (ii) the conversion or exercise price , as applicable, per the next convertible security offering; or (iii) $0.05.
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