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American Manganese 10,068,790-share private placement

Sep 12, 2016

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 10, 2016.

Number of shares: 10,068,790 shares

Purchase price: 14 cents per share

Warrants: 10,068,790 share purchase warrants to purchase 10,068,790 shares

Warrant exercise price: 20 cents for a two-year period

Number of placees: 43 placees

Finders’ fees: $54,718 payable to Keith Allen, $3,080 payable to James Elbert, $1,300 payable to Connie Fischer, $22,596 payable to Michael J. Hoy, $500 payable to Ken Marty, $1,400 payable to Samuel Pasternak, $500 payable to Peter J. Walker

The company issued a news release on Sept. 2, 2016, confirming closing of the private placement. 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.

http://www.americanmanganeseinc.com/news-publications/press-releases/