Focus Ventures eight-million-share private placement
Ticker Symbol: C:FCV
Focus Ventures eight-million-share private placement
Focus Ventures Ltd (C:FCV)
Shares Issued 19,305,371
Last Close 12/10/2009 $0.85
Friday December 11 2009 - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 5, 2009:
Number of shares:Eight million sharesPurchase price:75 cents per shareWarrants:Four million share purchase warrants to purchase four million sharesWarrant exercise price:$1 for a two-year periodNumber of placees:102 placeesPro group participation:Catherine Seltzer, 65,000; Harry Pokrandt, 100,000Finders' fees:351,435 units and 351,435 warrants payable to Axemen Resource Capital Ltd.; 140,023 warrants payable to Leede Financial Markets Inc.; 46,667 units and 46,667 warrants payable to Global Resource Investments Ltd.; 11,375 units and 11,375 warrants payable to PI Financial Corp.
Finder's fee warrants are exercisable at $1 for two years.
� 2009 Canjex Publishing Ltd.