BEAR LAKE GOLD LTD. ("BLG") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: October 29, 2008 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced September 29, 2008 and October 7, 2008:
Number of Shares: 13,350,000 flow-through shares 3,003,267 non flow-through shares
Purchase Price: $0.30 per flow-through share $0.30 per non flow-through
Warrants: 3,003,267 share purchase warrants to purchase 3,003,267 shares
Warrant Exercise Price: $0.40 for a two year period
Number of Placees: 28 placees
Insider / Pro Group Participation:
Insider equals Y / Name ProGroup equals P / # of Shares
Francois Viens Y 100,000 Alain Krushnisky Y 83,300 Carole Plante Y 58,300 Elaine Bennett Y 100,000 Thomas Larsen Y 100,000 Robert Cudney Y 100,000
Agent's Fee: An aggregate of $60,400, 616,330 Units and 817,663 Agents' warrants payable to Dundee Securities Corporation, PI Financial Corporation and Primary Capital Inc. Each Unit is exercisable into one share and one warrant. Each warrant is exercisable into one common share at a price of $0.40 for a period of two years. Each Agent's warrant is exercisable into one common share at a price of $0.30 for a period of two years.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), 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. ----------- Bahnfahrn macht Spaß!! |