Scottie Closes Second Tranche of Private Placement
18 Juin 2019 - 8:54PM
Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT)
is pleased to announce that it has closed a second tranche of its
previously announced private placement (see news release dated May
13, 2019). In the second tranche, a total of 995,000 common shares
(each a “Share”) were issued, at $0.23 per Share, for proceeds of
$228,850.
In the first tranche (see news release dated May
28, 2019), a total of 2,170,000 Shares were issued, at $0.23 per
Share, for proceeds of $499,100, bringing the total funds raised in
two tranches to $727,950.
All Shares issued in the second tranche of the
private placement are subject to a resale restriction in accordance
with applicable securities laws, which expires on October 19,
2019.
Proceeds from the private placement will be used
for working capital, property option payments, and exploration of
the Company’s mineral property portfolio.
This news release does not constitute an offer
to sell or a solicitation of an offer to sell any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state
securities laws and may not be offered or sold within the United
States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns 100% interests in the high grade,
past-producing Scottie Gold Mine property, the Stock property, the
Ruby Silver property and the Black Hills property. Scottie
has the option to purchase 100% interests in the Bow property, the
Bitter Creek property and the Summit Lake property.
All of the Company’s properties are located in
the area known as the Golden Triangle of British Columbia which is
among the world’s most prolific mineralized districts.
Further information on Scottie can be found on
the Company’s website at www.scottieresources.com and at
www.sedar.com, or by contacting Bradley Rourke, President & CEO
at (250) 877-9902.
ON BEHALF OF THE BOARD OF DIRECTORS
“Bradley Rourke”
President & CEO
FORWARD LOOKING STATEMENTS
This news release may contain forward‐looking
statements. Forward looking statements are statements that are not
historical facts and are generally, but not always, identified by
the words “expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, or
that events or conditions “will”, “would”, “may”, “could” or
“should” occur. Although the Company believes the expectations
expressed in such forward‐looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in forward looking statements. Forward‐looking statements are
based on the beliefs, estimates and opinions of the Company’s
management on the date such statements were made. The Company
expressly disclaims any intention or obligation to update or revise
any forward‐looking statements whether as a result of new
information, future events or otherwise.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of TSX Venture Exchange) accepts responsibility for the
adequacy of accuracy of this release.
Scottie Resources (TSXV:SCOT)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Scottie Resources (TSXV:SCOT)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024