TM Bioscience Corporation 1/31/00 - Private Placement Brokered TM BIOSCIENCE CORPORATION ("TMC") - Private Placement-Brokered CDNX has accepted for filing documentation with respect to a Brokered Private Placement announced January 10, 2000: Number of Shares: 8,888,889 Series A Special Warrants Purchase Price: $0.135 per special warrant Warrants: 8,888,889 non-transferable share purchase warrants to purchase 8,888,889 shares Warrant Exercise Price: $0.18 for a two year period Placees: Top ten placees (and other placees):
Bachmann Trust Company Limited
500,000
Aton Select Fund Limited 925,000
Harry McCullough
1,115,000
Bank Sal. Oppenheim Jr. & Cie 975,000
(Switzerland) Ltd.
LOM Nominees Ltd. 200,000
MDI Investments Ltd.
950,000
Memex International S.A. 950,000
United Provident Investment Company Ltd.
723,889
Setra Securities Trading Limited 950,000
Studa Establishment 950,000
Omnitrade Investments Ltd.
100,000
Winer Ltd.
350,000
Turf Holding Ltd. 75,000
Mr. H. C. Wick 25,000
Montaque Securities 100,000 Agent:
Yorkton Securities Inc. Agents' Fee: 3.5% cash plus Agent's Warrants to purchase 10% of the number of Series A Special Warrants sold at $0.135 per special warrant for a two year period These securities have not yet been issued, but there may be additional conditions precedent to closing. The Company must issue a news release when the private placement closes. In addition, the Company must issue a news release if the private placement does not close promptly.
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