Pacific Cascade Announces $50,000 Non-brokered Private Placement
04 Juin 2013 - 10:00PM
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TSX-V: PCV
Pacific Cascade Minerals Inc. (the "Company") announces that it
has arranged a non-brokered private placement of 1,000,000 Units of
securities. The Units are being placed at a price of $0.05 per
unit, for gross proceeds of $50,000.
Each Unit under the private placement consists of one common
share and one common share purchase warrant. Each common share
purchase warrant entitles the holder to acquire one additional
common share of the Company at an exercise price of $0.10 within 24
months of closing. The placement is subject to regulatory
approval.
The proceeds of the private placement will be used for working
capital.
For further information regarding Pacific Cascade Minerals Inc.
please visit the Company's website at www.pacaficcascade.ca.
On behalf of the Board of Directors
"Harold Forzley"
President / CEO
Pacific Cascade Minerals Inc.
For more information contact Daniel Whittle, Investor Relations
at:
Telephone: (604) 637-1341 or e-mail IR@pacificcascade.ca
Neither 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.
Forward Looking Statements
Certain of the statements made and information contained herein
may contain forward- looking information within the meaning of
applicable Canadian securities laws. Forward-looking information
includes, but is not limited to, information concerning the
Company's intentions with respect to the development of its mineral
properties. Forward-looking information is based on the views,
opinions, intentions and estimates of management at the date the
information is made, and is based on a number of assumptions and
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those anticipated or projected in the forward-looking information
(including the actions of other parties who have agreed to do
certain things and the approval of certain regulatory bodies). Many
of these assumptions are based on factors and events that are not
within the control of the Company and there is no assurance they
will prove to be correct. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. The Company undertakes no
obligation to update forward-looking information if circumstances
or management's estimates or opinions should change except as
required by applicable securities laws, or to comment on analyses,
expectations or statements made by third parties in respect of the
Company, its financial or operating results or its securities. The
reader is cautioned not to place undue reliance on forward-looking
information.
Pacific Cascade Minerals Inc. (TSXV:PCV)
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