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Filing Details

Accession Number:: 0001062359-13-000003
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-12-03 11:32:58
Reporting Period:: 2013-11-29

Filing Date:: 2013-12-03
Accepted Time:: 2013-12-03 11:32:58
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1016708	Janus Resources Inc.	JANI	Oil & Gas Field Exploration Services (1382)	980170247

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1062359	S Harmel Rayat	700 - 688 West Hastings Street Vancouver A1 V6B 1P1		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.00001	Acquisiton	2013-11-29	3,500,000	$0.43	42,564,800	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.00001	Series B Stock Purchase Warrant	Acquisiton	2013-11-29	3,500,000	$0.00	3,500,000	$0.43
Common Stock, Par Value $0.00001	Series C Stock Purchase Warrant	Acquisiton	2013-11-29	3,500,000	$0.00	3,500,000	$0.43

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,000,000	2013-11-29	2013-11-29	No	4	P	Direct
7,000,000	2013-11-29	2018-11-29	No	4	P	Direct

Footnotes

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.
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.
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.
The Series B Warrants were included as part of the Units; no separate consideration was paid for the Series B Warrants.
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.
The Series C Warrants were included as part of the Units; no separate consideration was paid for the Series C Warrants.