Trigen Resources Announces Closing of Private Placement
Vancouver, British Columbia, Canada – Friday, August 25, 2017– Trigen Resources Inc. (TSX Venture Exchange: TRG) (the “Company”) is pleased to announce that further to its news releases dated April 27, 2017, it has closed its non-brokered private placement (“the Offering).
9,176,599 common shares of the Company were issued at a price of $0.06 per common share for gross proceeds of $550,596. All shares issued pursuant to the private placement are subject to a four-month and one day hold period expiring December 26, 2017.
The net proceeds from the Offering will be used for working capital purposes and the due diligence.
ON BEHALF OF THE BOARD OF DIRECTORS
Hari Varshney, President, CEO & Director
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.