AurCrest Announces Financing
2014年4月16日 - 9:00PM
Marketwired
AurCrest Announces Financing
TORONTO, ONTARIO--(Marketwired - Apr 16, 2014) - AurCrest Gold
Inc. (the "Company" or "AurCrest") (TSX-VENTURE:AGO) wishes to
announce that it will be undertaking a non-brokered flow-through
unit private placement and a non-brokered working capital unit
private placement to raise aggregate proceeds of up to $300,000
(the "Offering") to provide it with operating and exploration
capital for its Richardson Lake Property.
AurCrest is offering up to 3,000,000 working capital units of
the Company at a price of $0.05 per working capital unit, for gross
proceeds of up to $150,000. Each working capital unit (a "WC Unit")
consists of one common share of the Company and one (1) share
purchase warrant (a "WC Warrant"). Each WC Warrant entitles the
holder to acquire an additional common share for five (5) years
from the closing of the Offering at a price of $0.05 per Common
Share.
AurCrest is also offering up to 3,000,000 flow-through units of
the Company at a price of $0.05 per flow-through unit, for gross
proceeds of up to $150,000. Each flow-through unit (a "FT Unit")
consists of one flow-through common share of the Company and one
(1) non flow-through share purchase warrant (a "Warrant"). Each
full Warrant entitles the holder to acquire an additional common
share for five (5) years from the closing of the Offering at a
price of $0.05 per Common Share.
The Offering is subject to regulatory approval. It is
anticipated that the Offering will close early next week.
About AurCrest Gold Inc.
AurCrest Gold is a mineral exploration company focused on the
acquisition, exploration, and development of gold properties.
AurCrest has a portfolio of properties in Ontario, which include
the Richardson Lake and Bridget Lake gold properties.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties.
Without limitation, statements regarding potential mineralization
and resources, exploration results, and future plans and objectives
of the Company are forward looking statements that involve various
risks. The following are important factors that could cause the
Company's actual results to differ materially from those expressed
or implied by such forward looking statements: changes in the world
wide price of mineral commodities, general market conditions, risks
inherent in mineral exploration, risks associated with development,
construction and mining operations, the uncertainty of future
profitability and the uncertainty of access to additional capital.
There can be no assurance that forward-looking statements will
prove to be accurate as actual results and future events may differ
materially from those anticipated in such statements. AurCrest
undertakes no obligation to update such forward-looking statements
if circumstances or management's estimates or opinions should
change. The reader is cautioned not to place undue reliance on such
forward-looking statements.
Neither 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.
AurCrest Gold Inc.Ian Brodie-BrownPresident and C.E.O.(416)
368-2929info@aurcrestgold.comwww.aurcrestgold.com
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