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!!