Silver Pursuit Closes Private Placement
March 12 2013 - 3:35PM
Access Wire
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Vancouver, British Columbia - Silver Pursuit Resources Ltd.
(TSX-V: SPF) (the "Company") is pleased to announce that it has
closed a previously announced non-brokered private placement (see
news release January 16, 2013) of 4,025,000 units (the "Unit") at a
price of $0.10 per Unit (collectively the "Financing"). An
aggregate of 4,025,000 common shares and 4,025,000 transferable
common share purchase warrants ("Warrants") were issued in
connection with the Private Placement. Each Warrant will entitle
its holder to subscribe for one additional Share at $0.20 per Share
for two (2) years from completion of the Financing. The 4,025,000
common shares and all warrant shares issued are subject to a
four-month hold period.
Finders fees paid include: an aggregate of $16,765 in cash and
158,900 in finders' warrants payable to a registered dealer, where
each finders' warrant will entitle its holder to subscribe for one
common share at $0.20 per Share for two (2) years from completion
of the Financing.
Proceeds from the Financing will be used to fund the Company's
La Quintera property in Sonora, Mexico, working capital and for its
general expenses.
ON BEHALF OF SILVER PURSUIT RESOURCES LTD.
"Adrian Robertson"
Adrian Robertson
President and Director
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
Silver Pursuit Resources Ltd. (TSXV:SPF)
Historical Stock Chart
From May 2024 to Jun 2024
Silver Pursuit Resources Ltd. (TSXV:SPF)
Historical Stock Chart
From Jun 2023 to Jun 2024
