ZINCCORP RESOURCES INC. ("ZN")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 30, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced October 27, 2010:
Number of Shares: 3,750,000 shares
Purchase Price: $0.15 per share
Warrants: 1,875,000 share purchase warrants to purchase
1,875,000 shares
Warrant Exercise Price: $0.20 for a three year period
Number of Placees: 14 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Kerry Chow P 160,000
Union Securities Ltd.
ITF Dimitrious Nasirpour P 50,000
Agent's Fees: $9,900 and 66,000 warrants payable to Redplug
Capital
$11,550 and 77,000 warrants payable to Haywood
Securities Inc.
$29,400 and 194,500 compensation options
payable to M Partners
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.