SQUIRE CLOSES PRIVATE PLACEMENT
VANCOUVER, B.C., Squire Mining Ltd. (CSE: SQR) – December 15, 2017 – Further to the Company’s news releases of November 20, 2017 and earlier today, the Company has now closed its non-brokered private placement of 10,133,333 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $608,000 (the “Financing”). Each Unit consists of one common share and one transferable share purchase warrant to purchase one additional common share at a price of $0.08 for a period of two years.
A finder’s fee of 560,000 Units is payable to Faveo Capital Ltd. in connection with the Financing and all securities issued under the Financing are subject to a hold period of four months and one day.
For further information contact: Kevin R. Hanson, Chief Financial Officer
Telephone: (604) 929-0900
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.