NEX Company

The Company has announced it has offered to Shareholders, resident in all provinces and territories of Canada of record on February 25, 2016, Rights to purchase shares of the Company.  One (1) Right will be issued for each share held.  Two (2) Rights and $0.01 are required to purchase one Share.

The expiry date for the Rights Offering is March 29, 2016.  As at February 25, 2016 the Company had 102,747,854 shares issued and outstanding.

Effective at the opening February 23, 2016, the common shares of the Company traded Ex-Rights. THE RIGHTS WILL NOT BE LISTED FOR TRADING.

Summary:

Basis of Offering: Two (2) Rights exercisable for One (1) Share at $0.01 per Share.
Record Date: February 25, 2016
Shares Trade Ex-Rights: February 23, 2016
Rights Called for Trading: Not Applicable
Rights Trade for Cash: Not Applicable

Authorized Jurisdiction(s): All provinces and territories in Canada

For further details, please refer to the Company’s Rights Offering Circular dated February 25, 2016.

The Company’s Rights Offering Circular has been filed with and accepted by the TSX Venture Exchange.

 

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