L It Hi C Announces Private Placement
Lithic Resources Ltd. 912-510 West Hastings Street Vancouver, B.C. Canada V6B 1L8
Telephone: 1-604-687-7211 E mail: [email protected]
News Release 2013-4 Listed on the TSX Venture Exchange: LTH October 30, 2013
LITHIC ANNOUNCES PRIVATE PLACEMENT
Lithic Resources Ltd. (LTH-TSX Venture) (the “Company”) wishes to announce that it has agreed to a non-brokered private placement by a small group of insiders. The placement consists of 3 million common shares at a price of six cents per share for gross proceeds of $180,000. There is no commission payable. Closing of the financing is expected to occur on or before November 8, 2013 and is subject to all regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued in connection with the financing will bear a four-month restriction on resale from the completion date. Proceeds of the placement will be used for general corporate purposes.
LITHIC RESOURCES LTD.
“C.F. Staargaard”
_____________________________ C.F. Staargaard President and CEO Phone: (604) 687-7211 Website: www.lithicresources.com
For further information contact:
Joyce Musial, Corporate Communications Phone: (604) 317-2728 Email: [email protected]
“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.”
THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES HEREIN