Microsoft Word - March 26, 2015 - Closing of Private Placement
Suite 450 - 789 West Pender Street Phone: 604-681-6151
Vancouver, BC V6C 1H2 Fax: 604-689-7654 www.dajin.ca Email :
PRESS RELEASE
DAJIN CLOSES $200,000 FINANCING
Vancouver, BC - March 26, 2015 - Dajin Resources Corp. (the "Company") (DJI-V: TSX) (DJIFF: OTC) is pleased to report that it has closed the non-brokered Private Placement announced on March 16, 2015 with the issuance of 4,000,000 Units to 3 investors for net proceeds of $200,000. The 4,000,000 common shares issued pursuant to this financing are subject to a four month hold period expiring July 27, 2015. A finder's fee of 400,000 Units will be issued in respect to this financing.
Each Unit consists of one common share in the capital of the Company ("Common Share") and one non-transferable share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.05 on or before March
26, 2017.
Proceeds from the Private Placement will be used for property exploration, project development, review of new projects and for general working capital.
About Dajin: (www.dajin.ca)
Dajin is an early stage energy metals exploration company holding a 100% interest in claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 2,191 hectares (5,414 acres), are located adjacent to the site of US Borax Corp's first borax mine.
Dajin also holds a 100% interest in concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with potassium, lithium and boron values. These concessions total approximately 100,000 hectares (247,000 acres) with
80,248 hectares (198,000 acres) located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Limited (ORL-T: TSX), who is partnered with Toyota Tsusho.
For further information please contact: DAJIN RESOURCES CORP.
Brian Findlay, President
Email : [email protected]
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.