4//SEC Filing
Janus Resources, Inc. 4
Accession 0001062359-13-000003
$RCARCIK 0001016708operating
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 11:32 AM ET
Size
11.2 KB
Accession
0001062359-13-000003
Insider Transaction Report
Form 4
RAYAT HARMEL S
10% Owner
Transactions
- Purchase
Common Stock, par value $0.00001
2013-11-29$0.43/sh+3,500,000$1,505,000→ 42,564,800 total - Purchase
Series B Stock Purchase Warrant
2013-11-29+3,500,000→ 7,000,000 totalExercise: $0.43From: 2013-11-29Exp: 2013-11-29→ Common Stock, par value $0.00001 (3,500,000 underlying) - Purchase
Series C Stock Purchase Warrant
2013-11-29+3,500,000→ 7,000,000 totalExercise: $0.43From: 2013-11-29Exp: 2018-11-29→ Common Stock, par value $0.00001 (3,500,000 underlying)
Footnotes (6)
- [F1]On November 29, 2013, Kalen Capital Corporation (KCC), a private corporation solely owned by Mr. Harmel S. Rayat, entered into a subscription agreement with Janus Resources, Inc. pursuant to which KCC purchased 3,500,000 units of Janus' equity securities at a purchase price of $0.43 per unit (the Units). Each Unit consisted of: (i) one (1) share of Janus common stock; (ii) one (1) Series B Stock Purchase Warrant; and (iii) one (1) Series C Stock Purchase Warrant.
- [F2]Calculated pursuant to Rule 13d-3(d) of the Exchange Act; includes 7,000,000 shares issuable upon exercise of outstanding warrants owned by Mr. Rayat.
- [F3]As part of the Units KCC received 3,500,000 Series B Stock Purchase Warrants (the Series B Warrants) exercisable for an equal number of shares of common stock for a period five (5) years. The Series B Warrants are exercisable at a price of $0.43 per share if exercised within the first eighteen (18) months, or $0.46 per share if exercised thereafter. The Series B Warrants may be exercised on a cashless basis.
- [F4]The Series B Warrants were included as part of the Units; no separate consideration was paid for the Series B Warrants.
- [F5]As part of the Units KCC received 3,500,000 Series C Stock Purchase Warrants (the Series C Warrants) exercisable for an equal number of shares of common stock for a period five (5) years. The Series C Warrants are exercisable at a price of $0.43 per share if exercised within the first eighteen (18) months, or $0.49 per share if exercised thereafter. The Series C Warrants may be exercised on a cashless basis.
- [F6]The Series C Warrants were included as part of the Units; no separate consideration was paid for the Series C Warrants.
Documents
Issuer
Janus Resources, Inc.
CIK 0001016708
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001016708
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 11:32 AM ET
- Size
- 11.2 KB