VANCOUVER, July 14, 2017 /CNW/ - Rathdowney Resources Ltd.
("Rathdowney" or the "Company") (TSXV: RTH) announces that further
to its news release of July 12, 2017
and subject to TSX Venture approval, it has completed a private
placement, issuing 2,631,173 shares for proceeds of approximately
$500,000.
Proceeds will be used to advance Polish permitting activities as
well as engineering work to progress the Company's Olza
zinc-lead-silver project towards feasibility and completion of
permit licensing, and for general corporate working capital
purposes.
On behalf of the Board of Directors
David Copeland
Chairman
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.
SOURCE Rathdowney Resources Ltd.