Toronto, Ontario–(August 14, 2018) – Currie Rose Resources Inc. (TSXV: CUI) (“Currie Rose” or the “Company”) announces that it has closed the Private Placement previously announced on June 28, 2018 and July 31, 2018. The Company has issued 10,000,000 units at $0.05 per unit for total proceeds of $500,000. Each unit consists of one common share and one—half of one common share purchase warrant, each whole warrant entitling the holder to purchase one additional common share at $0.10 until October 17, 2020. All securities issued in this private placement are subject to a hold period until December 15, 2018.
A finder’s fee of $25,000 is being paid to an arms length finder, in units, for a total of 500,000 units.
About Currie Rose Resources Inc.
Currie Rose is a precious metal explorer focused on identifying high value assets in Canada. Our current projects span British Columbia and Ontario with our immediate focus on the recently acquired Rossland Project in BC.
Technically strong and corporately agile we seek to add value through targeted exploration.
Neither the 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.
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. Statements about the closing of the transaction, expected terms of the transaction, the number of securities of Currie Rose that may be issued in connection with the transaction, and the parties’ ability to satisfy closing conditions and receive necessary approvals are all forward-looking information. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
FOR ADDITIONAL INFORMATION IN RESPECT OF CURRIE ROSE, PLEASE CONTACT:
Mike Griffiths, CEO
Catherine Beckett, Manager Corporate Affairs