Bulletin Contents
Search
Home Page
 
Benchmark Metals Inc. 
Listed Company 

BENCHMARK METALS INC. ("BNCH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 16, 2018
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 26, 2018:

Number of Shares: 4,090,000 flow-through shares

Purchase Price: $0.25 per flow-through share

Number of Placees: 22 Placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
John Williamson Y 80,000 f/t
Sean Mager Y 40,000 f/t
Aggregate Pro Group Involvement P 920,000 f/t
[7 placees]

Finder's Fee: Sprott Capital Partners - $30,000 and 120,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for a two year period.

Haywood Securities Inc. - $3,000 and 12,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for a two year period.

Leede Jones Gable Inc. - $13,500 and 54,000 Finder's Warrants that are exercisable into common shares at $0.25 per share for a two year period.

PI Financial corp. - $10,050 and 40,200 Finder's Warrants that are exercisable into common shares at $0.25 per share for a two year period.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated * announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
________________________________________