Lucky Minerals closes $750K private placement

pcNewsWireLucky Minerals Inc. (TSX-V: LJ) has closed its previously announced private placement 10,000,000 units at $0.75 per unit for gross proceeds of $750,000.

Proceeds will be used for property exploration, to pay outstanding debt, and for general working capital purposes.

News Release

LUCKY MINERALS CLOSES PRIVATE PLACEMENT OFFERING

Vancouver, B.C. June 9, 2017 – Lucky Minerals Inc. (TSX.V: LJ) (the “Company”) announces that it has closed its previously announced private placement offering for total proceeds of $750,000 (see news release dated May 11, 2017). The Company issued 9,800,000 units on June 8, 2017 and 200,000 units on June 9, 2017. All securities issued under the offering will be subject to a statutory hold periods expiring four months and one day from the date of issue.

The Company will use the proceeds of the offering for property exploration, to pay outstanding debt, and for general working capital purposes. The Company did not pay any finder’s fees relating to this offering.

ON BEHALF OF THE BOARD
“Robert Rosner”
Chief Financial Officer

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.