Each Unit consists of one common share and one common share purchase warrant (a 'Warrant') in the capital of the Company. Each Warrant is exercisable into one common share of the Company for a period of 24 months from closing at a price of
Mr.
Finders fees may be payable in connection with this Placement. All the securities issuable will be subject to a four-month hold period from the date of closing. Closing of the Placement remains subject to approval by the
The proceeds from the sale of Units will be used for exploration of the Company's
ABOUT
Scottie owns a 100% interest in the high-grade, past-producing
All of the Company's properties are located in the area known as
Contact:
Tel: (250) 877-9902
FORWARD LOOKING STATEMENTS
This news release may contain forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise.
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