Southstone Minerals Ltd. press release
Garibaldi arranges $10 million financing
TSXV - TSX Venture Exchange · Diamond · Uranium · Canada
Canada NewsWire
VANCOUVER, April 17, 2018
TSXV: GGI OTC: GGIFF Frankfurt: RQM
VANCOUVER, April 17, 2018/CNW/ - Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to announce a non-brokered private placement to raise gross proceeds of up to $10,050,000(CDN). The flow-through financing, expected to close shortly, is priced at $3.35per share and is being subscribed for by strategic investors.
The Company will issue a total of 3,000,000 shares. All shares from the private placement are subject to a four-month hold period from the date of issuance. The financing will include finder's fee commissions on a portion of the placement and is subject to TSX Venture approval.
Proceeds from the financing will be used to further advance the Company's 100%-owned E&L Nickel Mountain Project and other British Columbiaproperties.
About Garibaldi
Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexicoand British Columbia.
We seek safe harbor.
GARIBALDI RESOURCES CORP.
Per: "SteveRegoci"
Steve Regoci, President
NeithertheTSXVentureExchangenoritsRegulationServicesProvideracceptsresponsibilityfortheadequacyortheaccuracyofthisrelease.
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SOURCE Garibaldi Resources Corp.
View original content: http://www.newswire.ca/en/releases/archive/April2018/17/c1847.html
GARIBALDI RESOURCES CORP., 1150 - 409 Granville Street, Vancouver, BC, V6C 1T2, Telephone: (604) 488-8851, Website: GaribaldiResources.comCopyright CNW Group 2018