ZINCCORP RESOURCES INC. ("ZN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 19, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered
Private Placement announced January 29, 2010:
Number of
Shares: 6,000,000 flow-through shares
Purchase Price:
.085 per share
Warrants: 6,000,000 share purchase warrants to purchase
6,000,000 shares
Warrant
Exercise Price:
.15 for a two year period
Number of Placees: 2 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Michael Potter Y 4,000,000Finder's Fee: Raymond James Ltd. will receive a cash
finder's fee of $40,800.00
Pursuant to Corporate
Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly. 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.
TSX-X