Revolver Resources Announces Financing, Provides Update
28 Enero 2014 - 12:50PM
Marketwired
Revolver Resources Announces Financing, Provides Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 28, 2014) -
Revolver Resources Inc. ("Revolver") (TSX-VENTURE:RZ) wishes to
announce that, subject to regulatory approval, it has arranged a
private placement of up to 8,000,000 units at price of $0.06 per
unit for gross proceeds of $480,000. Each unit will consist of one
common share and one transferable share purchase warrant. Each
warrant shall be exercisable into one common share for a period of
one year at a price of $0.12 per share. Proceeds of the placement
will be used on the current drill program on the Summit B project
and for general working capital. The Company will also pay a
finder's fees in accordance with the policies of the TSX Venture
Exchange.
Revolver is also pleased to update its current drill program on
the Summit B project in NW British Columbia. It has completed its
second drill hole to a depth of 325 meters, with 725 meters of
drilling now being completed on the property. The second hole is
currently being split and will be sent to be assayed with results
expected to be completed in the next weeks.
For further information on Revolver please visit our website at
www.revolverresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Robert L. Birmingham, President
NEITHER TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICE
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Revolver Resources Inc.Robert L. BirminghamPresident(778)
331-2025(604) 683-5309www.revolverresources.com
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