Currie Rose Announces Private Placement Financing
15 Septembre 2017 - 2:00PM
Currie Rose Resources Inc. (TSXV:CUI) (“Currie Rose” or the
“Company”) announces an offering of Units at a price of C$0.05 per
unit. Each Unit is comprised of one New Common Share and one
New Common Share Purchase Warrant (“Warrant”). Under the Unit
offering, the Company will issue a total of up to 13,000,000 New
Common Shares and 13,000,000 Warrants for gross proceeds of
C$650,000 on a non-brokered basis. The securities are subject
to hold periods in accordance with requisite securities laws.
The exercise price of the warrants will be C$0.10 per warrant, with
an expiry date two years from the date of closing. The
Company anticipates a closing date of September 30, 2017.
Proceeds from this offering will be used for project
generation and general corporate purposes.
Operational Update:Currie Rose management is
actively pursuing several early-stage and advanced gold exploration
opportunities in Canada and the USA. To date, no definitive terms
or agreements have been completed. Additionally, the
Company’s JV partner, Northern Sphere Mining Corp. has begun
drilling the Company’s Scadding Project near Sudbury Ontario (see
July 25, 2017 Press Release by Northern Sphere – CSE:NSM for
complete details).
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 news release may contain forward-looking statements that
are based on the Company’s expectations, estimates and projections
regarding its business and the economic environment in which it
operates. Statements about the closing of the transaction, expected
terms of the transaction, the number of securities of Currie Rose
that may be issued in connection with the transaction, and the
parties' ability to satisfy closing conditions and receive
necessary approvals are all forward-looking information.
These statements are not guarantees of future performance and
involve risks and uncertainties that are difficult to control or
predict. Therefore, actual outcomes and results may differ
materially from those expressed in these forward-looking statements
and readers should not place undue reliance on such statements.
Statements speak only as of the date on which they are made, and
the Company undertakes no obligation to update them publicly to
reflect new information or the occurrence of future events or
circumstances, unless otherwise required to do so by law.
FOR ADDITIONAL INFORMATION IN RESPECT OF
CURRIE ROSE, PLEASE CONTACT:
Mike Griffiths, CEOOffice: 905-688-9115Email:
info@currierose.com
Catherine Beckett, Manager Corporate AffairsOffice:
905-688-9115Email: info@currierose.com
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