pcNewsWire – Pitchblack Resources Ltd. (TSX-V: PIT.H) intends to complete a non-brokered private placement of up to 571,428 common shares at $0.35 per share for gross proceeds of up to $200,000.
Press Release
Pitchblack Announces Private Placement
TORONTO, ONTARIO–(Marketwired – May 9, 2017) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Pitchblack Resources Ltd. (NEX:PIT.H) (“Pitchblack” or the “Company”) intends to complete a non-brokered private placement financing of up to 571,428 Pitchblack common shares at a price of $0.35 per share for gross proceeds of up to $200,000.
Closing of the financing is expected to occur on or about May 23, 2017. Completion of the financing is subject to a number of conditions including receipt of the approval of the NEX Board of the TSX Venture Exchange.
Pitchblack intends to use the proceeds for general corporate purposes and to maintain its mineral properties in good standing.
About Pitchblack Resources Ltd.
Pitchblack has uranium, coal and gold assets in the Yukon Territory, Canada. The Company is currently reviewing the potential of these properties.
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.
Contact Information
Scott Moore
President and Chief Executive Officer
E-mail: smoore@forbesmanhattan.com
416-861-5903