LISTING and CONCURRENT FINANCING
JAB is pleased to announce that approval has been received from the TSX Venture Exchange for the listing of its shares subject to the satisfaction of customary conditions and filing of supporting documents. Legal counsel to JAB has confirmed that all of the conditions and legal documentation can be completed in a timely matter with no issues. JAB Resources expects trading of the shares on the TSX Venture Exchange to commence around the middle of May 2010.
Participation in the financing, being undertaken concurrent with the listing, is open to qualified or sophisticated investors. The pricing of the offer is 15 cents CND per unit, with a unit comprises a share and a half warrant exercisable at 22 cents CND within two years from the date of listing.
Interested investors can obtain a copy of the Subscription Agreement by email from info@jabresources.com. Other information investors may require in order to make a decision on the opportunity can be obtained either from the company’s website www.jabresources.com, and by request to the Company to info@jabresources.com. Investors are encouraged to also seek independent advice on the investment prior to subscribing for shares.
Investors wishing to participate should fill in all the relevant sections of the Subscription Agreement, selecting the number of units for which they wish to subscribe. The completed application form should then be sent to the Company and the funds deposited in the Company’s accounts in either Canadian dollars, Euros or Australian dollars.
The financing is due to close on 4th May 2010. But investors are encouraged to participate early, as the offer is considered attractive, as it is modestly priced, given the quality of the Company’s projects
All shares issued under the Concurrent Financing will be subject to a 4 month trading hold imposed by
the TSXV.