Ism Resources Corp. Closes Private Placement
Vancouver, BC – March 3, 2023: ISM Resources Corp. (the “Company” or “ISM”) (CSE: ISM) is pleased to announce that its previously announced non-brokered private placement is now closed to subscribers and the Company will issue 10,000,000 units of the Company (each, a “Unit”), at a price of $0.15 per Unit, for gross proceeds of $1,500,000 pursuant to the terms and conditions of the private placement (the “Private Placement”).
No finders’ fees will be paid in connection with the Private Placement.
About ISM Resources Corp.
ISM Resources Corp. is a Canadian-based exploration company with a focus on identifying mineral resource projects for exploration and development. The Company is currently focused on planning the exploration activities for the ESN Project in Nevada and evaluating the next steps for the Koster Dam Project in Central British Columbia with it’s joint venture partner Cariboo Rose Resources.
Glenn Collick, President
For further information, please contact:
ISM Resources Corp.
306 – 1110 Hamilton Street Vancouver, British Columbia, V6B 2S2 (778) 868-2226 [email protected]
The Canadian Securities Exchange has not in any way passed upon the merits of the matters and Private Placement referenced herein and has neither approved nor disapproved the contents of this news release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
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