Satori Resources Inc.

Published : August 20th, 2016

August 15, 2016: SATORI ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

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Keywords :   Georgia | Gold | Gold Mine | K Street |

August 15, 2016: SATORI ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

Suite 2702, 401 Bay Street Toronto, Ontario, M5H 2Y4

T :647 430 0966 F: 647 430 5676

www.satoriresources.ca

SATORI ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

Toronto, Ontario - August 15, 2016 - Satori Resources Inc. (TSXV:BUD) ("Satori" or the "Company") announces that it has completed a non-brokered private placement of flow through common shares at a price of $0.15 per flow through common share for gross proceeds of $300,000. All common shares issued in the financing are subject to a four month hold period.

The funds raised pursuant to the offering will be used by the Company to finance exploration efforts at the Tartan Lake Gold Mine in the Flin Flon Greenstone Belt.

ABOUT SATORI RESOURCES INC.

Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon Greenstone Belt, Manitoba.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Bruce Reid

Chief Executive Officer, Satori Resources Inc. C: (647) 500-4495

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.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of Satori contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Satori's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Satori Resources Inc.

CODE : BUD.V
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Satori Resources Inc. is based in Canada.

Satori Resources Inc. is listed in Canada. Its market capitalisation is CA$ 8.7 millions as of today (US$ 6.9 millions, € 6.3 millions).

Its stock quote reached its highest recent level on March 21, 2014 at CA$ 1.70, and its lowest recent point on November 29, 2019 at CA$ 0.01.

Satori Resources Inc. has 28 030 000 shares outstanding.

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