NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
SCORPION RESOURCES CLOSES $459,652 FINANCING
September 12, 2017 TSX-V Exchange
Trading Symbol: SR.H
Vancouver, British Columbia
Scorpion Resources Inc. (“Scorpion” or the “Company”) announces it has closed its previously announced private placement for up to 2,357,191 shares for gross proceeds of $459,652 at a price of $0.195 per common share. The private placement closing is subject to NEX approval.
The proceeds of the private placement will be used for general working capital.
For further information, contact 604.283.1722.
Scorpion Resources Inc.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of this news release. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.