pcNewsWire – Pitchblack Resources Ltd. (TSX-V: PIT.H) has closed previously announced private placement of 571,428 common shares at a price of $0.35 per share for gross proceeds of $199,999.80.
Pitchblack intends to use the proceeds for general corporate purposes and to maintain its mineral properties in good standing.
News Release
Pitchblack Closes Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
June 1, 2017, Toronto, Ontario – Pitchblack Resources Ltd. (NEX: PIT.H) (“Pitchblack” or the “Company”) has closed its previously announced non‐brokered private placement financing of 571,428 Pitchblack common shares at a price of $0.35 per share for gross proceeds of $199,999.80.
Pitchblack intends to use the proceeds for general corporate purposes and to maintain its mineral properties in good standing.
The private placement is subject to final approval of the TSX Venture Exchange. The common shares issued pursuant to the private placement are subject to a statutory hold period which expires on October 2, 2017.
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.
G. Scott Moore
President and Chief Executive Officer
E‐mail: smoore@forbesmanhattan.com
416‐861‐5903
SOURCE: Pitchblack Resources Ltd.
