Agoracom Blog

Tartisan Resources Corp. Announces Closing of the Private Placement for Proceeds of $100,000 $TTC.ca

Posted by AGORACOM-JC at 1:45 PM on Thursday, February 2nd, 2017

Tartisan logo copy

  • Announced the closing of the second tranche of the previously announced Private Placement. The proceeds from today’s closing amount to $100,000

Not for distribution to U.S. news wire services or dissemination in the U.S.

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce the closing of the second tranche of the previously announced Private Placement. The proceeds from today’s closing amount to $100,000.

Private Placement

Tartisan Resources Corp. has raised a further $CDN 100,000 via non-brokered private-placement at CDN $0.05 cents per unit with a full warrant at CDN $0.10 cents, expiring 24 months from date of closing of this offering. This completes the previously announced offering for a total raise of CDN $200,000.

The net proceeds from this offering will be used for general working capital purposes and to acquire interests in available properties and projects in Peru and Ontario.

The Company has entered into several Confidentiality Agreements regarding potential Peruvian precious metal properties. It is actively evaluating the potential of these properties as well as a base metal property in Ontario.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 63,169,982 shares outstanding (82,759,982 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)

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan02022017.pdf

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