Westminster Resources Ltd.

  • ISIN: CA9607553042
  • Land: .

Nachricht vom 11.08.2017 | 23:41

Westminster Announces Closing Final Tranche of Non-Brokered Private Placement

DGAP-News: Westminster Resources Ltd. / Key word(s): Miscellaneous

11.08.2017 / 23:41
The issuer is solely responsible for the content of this announcement.


Vancouver, British Columbia--(Newsfile Corp. - August 11, 2017) - Westminster Resources Ltd. (TSXV: WMR) (FSE: TQ08W1) is pleased to announce that it has received Final Approval from the TSX Venture Exchange for its non-brokered private placement previously announced on July 19, 2017 (the 'Private Placement) and announces the closing of a second and final tranche (the 'Second Tranche'). The Second Tranche closing consisted of the issuance of a total of 3,675,000 Units at a price of $0.20 per unit for gross proceeds of $735,000.

The Company will issue 7,495,000 Units for total proceeds of $1,495,000 in connection with this financing. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from the closing of the private placement.

The Company will pay finder's fees in the amount of $44,050 and 262,500 broker warrants at $0.35 and will expire 1 year from the date of closing.

ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.

'Glen Indra'
President

About Westminster:

Managed by an experienced team, Westminster is focused on exploring and developing prospects on a land package of approximately 17,854 hectares of continuous mineral concessions in Sonora, Mexico. The Company's focus has been to assemble and explore unique and newly-discovered targets including (a) the Guayacan partially unroofed epithermal and copper-gold porphyry system, and (b) the Sierra Hydrothermal diatreme breccia tertiary rhyolite hosted structure. Systematic exploration of the Company's new mineral district is ongoing in this region of Sonora with well-developed infrastructure, favorable permitting, and a strong mining history and community support.

For further information regarding Westminster Resources Ltd., please contact Bill Conlin at 604-608-0400, Toll free: 1-877-608-0007.

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.

Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/28433


11.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Interview im Fokus

PANTAFLIX: „Starkes Momentum“

Die PANTAFLIX AG ist kraftvoll in allen Geschäftsbereichen unterwegs und will neue Geschäftsfelder erschließen. „Unsere VoD-Plattform wächst rasant. Für PANTAFLIX eröffnen sich derzeit global gesehen Möglichkeiten, die es bis vor Kurzem noch gar nicht gab.“ Vorstandsvorsitzender (CEO) Stefan Langefeld und Chief Production Officer (CPO) Nicolas Paalzow erklären im Financial.de-Interview die nächsten Schritte des Medienkonzerns.

GBC im Fokus

Homes & Holiday AG – Spezialist für Ferienimmobilien jetzt an der Börse

Seit 6.7. ist die Aktie der Home & Holiday AG nun an der Börse München im Qualitätssegment m:access gelistet. Der Handel auf Xetra und Frankfurt ist ebenfalls erfolgt. Damit ist der erste deutsche Ferien-Immobilien-Spezialist auf dem Parkett. Inklusive Pre-IPO-Kapitalerhöhung sind Homes & Holiday rund 5,8 Mio. Euro zur Wachstumsbeschleunigung zugeflossen. Der TOP-3 Makler aus Mallorca will nun noch stärker expandieren. Unser Research ist von den Zukunftsperspektiven überzeugt und empfiehlt die Aktie mit einem Kursziel von 4,83 Euro zum Kauf.

Aktuelle Research-Studie

curasan AG

Original-Research: curasan AG (von Montega AG): Halten

20. Juli 2018