Sep 17th, 2012 Copyright (c) 2012 Thenewswire.ca - All rights reserved.
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Vancouver, British Columbia - Silver Pursuit Resources Ltd. (TSX-V: SPF) (the "Company") announces a non-brokered private placement offering of up to 10,000,000 units (the "Unit") at a price of $0.10 per Unit (collectively the "Financing") raising up to $1,000,000. Each Unit will consist of one common share of the Company, (the "Share") and one transferable common share purchase warrant of the Company (the "Warrant") exercisable for a term of 2 years. Each Warrant will entitle its holder to subscribe for one additional Share at $0.20 per Share during a 2 year term. The Shares, Warrants and any shares issued on exercise of the Warrants will bear a four-month restriction on resale from the completion date. The Financing is subject to regulatory approval.
The Company may pay finder's fees in cash, shares or share purchase warrants or any combination thereof.
This news release is not an offer of securities for sale in the United States nor in any other jurisdiction where they may not be lawfully offered or sold. The securities comprising this offering have not been, and will not be, registered under the Securities Act of 1933, (United States) as amended, and may not be offered or sold in the United States absent such registration or an exemption from registration.
ON BEHALF OF SILVER PURSUIT RESOURCES LTD.
"Adrian Robertson"
Adrian Robertson
President and Director
NEITHER THE 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
Copyright (c) 2012 Thenewswire.ca - All rights reserved.
