Categories: Coin Shop Blog

Tartisan Resources Corp. Closes an Additional 1.4 Million Units of Private Placement at 15 Cents per Unit for Proceeds of $210,000

Tartisan Resources Corp. (CSE:TTC(“Tartisan”, or the “Company”) is pleased to announce a Private Placement of a further 1.4 million units at 15 cents per unit for proceeds of $210,000.

Private Placement

Tartisan Resources Corp. has closed a second tranche of financing. The second tranche raised an additional $CDN 210,000 via a non-brokered private-placement of 1,400,000 units at CDN $0.15 cents per unit with a whole warrant at CDN $0.25 cents, expiring eighteen months from date of closing.

The total of the two tranches of the Private Placement was 3.4 million units for proceeds of $510,000.

The net proceeds from this offering will be used for general working capital purposes.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 76,892,443 shares outstanding (90,305,827 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (mark@tartisanresources.com). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release)

The post Tartisan Resources Corp. Closes an Additional 1.4 Million Units of Private Placement at 15 Cents per Unit for Proceeds of $210,000 appeared first on Investing News Network.

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