CSE New Listing - Pivit Exploration Inc. Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

2018-05-10

CSE - Canadian National Stock Exchange · Gold · Lithium · Uranium · Canada

Vancouver, British Columbia--(Newsfile Corp. - May 10, 2018) - Pivit Exploration Inc. (CSE: PIVT) is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol "PIVT". The company's recent IPO raised gross proceeds of $402,500 from the placement of 4,025,000 shares at $0.10 per share, including an over-allotment of 525,000 shares. Haywood Securities Inc. acted as agent for the IPO.

InvestmentPitch Media has produced a "video" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.comand enter "Pivit" in the search box.

Cannot view this video? Visit: http://www.investmentpitch.com/video/0_g7r40vq1/Pivit-Exploration-CSEPIVT-New-Listing

Pivit is engaged in the business of mineral exploration and the acquisition of mineral property assets in British Columbia.

The company was recently granted an option to acquire a 100% interest in the Lennac Lake copper-moly property, located west of Babine Lake and approximately 18 kilometers southwest of the town of Granisle in the northern interior of British Columbia. The property consists of 8 contiguous mineral tenures comprising an aggregate area of 2875 hectares.

To exercise its option, Pivit is required to:

• pay $200,000 in cash payments over 5 years

• issue 575,000 common shares over 5 years

• incur a minimum of $400,000 in exploration expenditures over 5 years

The property was first discovered by Amax Exploration Inc. in 1971 as a result of a regional soil sampling program that covered the entire Babine Lake area. After completing an IP survey, Amax drilled 44 percussion holes in 1973 totalling 3441 metres. Of these, 36 were drilled in the vicinity of the discovery showing in the west zone and the remainder were drilled further east in an area of strong geochemical soil anomalies.

The property has been the subject of additional work over the years by previous owners including Kennecott Exploration, Cominco, Hudson Bay Exploration and Development, and Dentonia Resources.

The company plans an initial Phase 1 diamond drill program of 450 metres.

For more information, please contact Michael England, President and CEO, at 604-683-3995 or email Mike@engcom.ca.

About InvestmentPitchMedia

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT: InvestmentPitch Media Barry Morgan, CFO bmorgan@investmentpitch.com