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CARIBOU INCREASES PRIVATE PLACEMENT
Released 2015-09-03
September 3rd, 2015, VANCOUVER, B.C. - CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX-V: CKR) (CB8-FRANKFURT) announces that further to its press release of August 25th, 2015 and subject to TSX-V approval, it is increasing the amount of its private placement to up to 6.5 million units (the "Offering") at a unit price of $0.10 per unit for gross proceeds of $650,000.
Each Unit is comprised of one common share ("Share") and one-half of one Share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase an additional Share at a price of $0.15 per Share for a period of 12 months. Proceeds from the Offering will be used for the Company's short term payables and for general working capital.
Finder's fees may be payable on the Offering, subject to the policies of the TSX Venture Exchange.
For more information, visit the website at www.caribouking.com.
ON BEHALF OF THE BOARD
CARIBOU KING RESOURCES LTD.
"Michael England"
CEO and Director
Contact Information
E-mail inquiries: [email protected]
Website: www.caribouking.com
Phone: (604) 683-3995
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Caribou Copper Resources
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PRODUCER |
CODE : CKR.V |
ISIN : CA1420841027 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Caribou Copper is a copper producing company based in Canada. Caribou Copper produces copper, molybdenum in Canada. Its main asset in production is GIBRALTAR MINE in Canada. Caribou Copper is listed in Canada. Its market capitalisation is CA$ 6.4 millions as of today (US$ 5.0 millions, € 4.2 millions). Its stock quote reached its lowest recent point on June 27, 2014 at CA$ 0.01, and its highest recent level on July 25, 2014 at CA$ 0.45. Caribou Copper has 71 020 000 shares outstanding. |