Jan 16th, 2013 Copyright (c) 2013 Thenewswire.ca - All rights reserved.
(via Thenewswire.ca)
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 non-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.
Proceeds of this financing will be used for exploration on the Company's La Quintera property in Mexico, working capital and general expenses.
This news release is not an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction where they may not be lawfully offered or sold. The securities have not been, and will not be registered under the U. S. Securities Act of 1933, as amended ("U.S. Securities Act"), or the laws of any state, and may not be offered or sold within the United States absent such registration or the availability of 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
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR
PUBLICATION OR DISSEMINATION IN THE UNITED STATES
Copyright (c) 2013 Thenewswire.ca - All rights reserved.
