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Ressources Minieres Pro-Or Inc.: Private Placement of Up to $250,000 Flow-Through Units
Published : December 17, 2012
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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:

  1. 32 000 flow-through common shares at $0.125 per share;

  2. 8 000 non-flow-through common shares at $0.125 each and;

  3. 20 000 common share purchase warrants, each warrant shall entitle the holder thereof to acquire one common share of the Issuer (on a non-flow-through basis) at a price of $0.20 until the date which is twelve (12) month following the Closing date.

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Sylvain Boulanger, President
(514) 849-7336
(514) 849-9260 (FAX)
g.m.st.jacques@gmail.com
or
Renelle Roy, Executive Secretary
(514)-849-7336
(514)-849-9260 (FAX)
renelle@pro-or.com
http://www.pro-or.com
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Pro-Or Resources Inc.

CODE : POI.V
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Pro-Or Res. is an exploration gold and copper company based in Canada.

Pro-Or Res. holds various exploration projects in Canada.

Its main exploration properties are TAVERNIER PROPERTY, TAVERNIER and MENARIK in Canada.

Pro-Or Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 9.8 millions as of today (US$ 7.8 millions, € 7.0 millions).

Its stock quote reached its highest recent level on December 31, 2003 at CA$ 1.80, and its lowest recent point on February 01, 2013 at CA$ 0.06.

Pro-Or Res. has 69 897 000 shares outstanding.

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Financings of Pro-Or Resources Inc.
9/24/2013Issues an Update on the Current Private Placement
5/29/2013Announces Warrant Extension by One Year
3/22/2013Closes $800,000 Private Placement
2/22/2013Ressources minieres Pro-Or Inc.: Private Placement of $800 0...
1/7/2013Closes $250 000 Private Placement
12/17/2012Ressources Minieres Pro-Or Inc.: Private Placement of Up to ...
5/10/2011Ressources Minieres Pro-Or Inc.: $2,000,000 Private Placemen...
Option Grants of Pro-Or Resources Inc.
4/2/2013Signs an Investor Relations Contract With Sun International ...
Corporate news of Pro-Or Resources Inc.
9/18/2013Interview With Pro-Or Inc. CEO Sylvain Boulanger Published o...
9/11/2013Issues a Corporate Update
7/10/2013Announces a $2.3 Million Private Placement
6/26/2013Announces Positive Economics for its Proposed Commercial Pla...
6/10/2013Grants Stock Options
4/23/2013Awards Pre-Feasibility Study Contract to Seneca for its Comm...
3/7/2013Extracts Platinum Group Elements for its Client Johnson Matt...
10/12/2012Announces Plant Upgrade to Commercial Production Facility
9/21/2012Signed a New Licensing Agreement with its South African Part...
4/14/2011Ressources Minieres Pro-Or inc.: Unaware of Any Material Cha...
12/10/2010Ressources Minieres Pro-Or Inc.: Update on St-Augustin Plant...
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