Silver Pursuit announces Private Placement Mr. Benjamin Lagarda Burton reports
Vancouver, B.C., Canada April 23, 2015 NEWS RELEASE
Silver Pursuit announces Private Placement
Mr. Benjamin Lagarda Burton reports
Silver Pursuit Resources Ltd. is carrying out a non-brokered private-placement financing of up to three million units at a price of five cents per unit for gross proceeds of up to $150,000. Each unit consists of one common share of the company and one non-transferable share purchase warrant. One warrant entitles the holder thereof to purchase one additional share at a price of seven cents per share for a period of five years from closing of the financing.
Net proceeds from the financing will be utilized to explore possible acquisitions and for general working capital purposes. Finders' fees may be payable in connection with the financing, as permitted under the policies of the exchange.
All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. The company may pay finders' fees in connection with the financing in cash, shares, warrants or a combination thereof
ON BEHALF OF SILVER PURSUIT RESOURCES LTD.
Mr. Benjamin Lagarda Burton
Mr. Benjamin Lagarda Burton President
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE