MONTREAL, QUEBEC--(Marketwire - Dec. 17, 2012) - Ressources Minières Pro-Or Inc. (POI) (News - Market indicators) announces that it is currently completing a private placement in the amount of $250 000. This placement is being offered to "Accredited Investors" in units of $5,000. Each unit is made up of:
The proceeds raised from the issuance of the Flow-Through Shares will be used to incur exploration expenditures on Menarik Property in James Bay, Quebec.
Shares issued pursuant to the offering will be subject to a four (4) month hold period.
No finders' fee will be payable on the transaction, which is subject to regulatory approval.