ICONIC MINERALS LTD. ("ICM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 24, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 12,049,300 shares to settle outstanding debt for $602,465.
Number of Creditors: 4 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Simco Services Inc. (Joe Devries) Y $235,000 $0.05 4,700,000
Jenrich Operations Ltd. (Richard Barnett) Y $75,000 $0.05 1,500,000
Richard Kern Y $235,665 $0.05 4,713,300
The Company shall issue a news release when the shares are issued and the debt extinguished.
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