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EnerGulf Resources Inc Symbol C : ENG Shares Issued 68,698,438 Close 2013-11-04 C$ 0.20 Recent Sedar Documents
View Original Document EnerGulf Resources 11,714,553-share private placement
2013-11-04 17:30 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 12, 2013.
Number of shares: 11,714,553 shares
Purchase price: 20 cents per share
Warrants: 11,714,553 share purchase warrants to purchase 11,714,553 shares
Warrant exercise price: 35 cents for a two-year period (If the volume weighted average trading price is at $1 or higher for 10 consecutive trading days at any time after four months and one day after closing, the company may, upon giving notice to the warrantholder, shorten the expiry date of the warrants to 30 days from the date of notice.)
Number of placees: 69 placees
Insiders: Jeff Greenblum, 165,000; Peter Gianulis, 375,000; Anu Dhir, 500,000
Finders' fees: $17,573 and 58,577 warrants payable to Luis Ricardo; $14,948 and 49,826 warrants payable to Diego Polini
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