Cuervo Resources Inc.: Announces a Non-Brokered Offering of $60,000 to $120,000
29.08.2013 | FSCwire
Toronto, August 29, 2013 - Cuervo Resources Inc. (CNSX-FE; FWB-CRR; "Cuervo" or the "Company"), is pleased to report, it has received interest in a private placement of 1,000,000 to 2,000,000 common shares of the Company at an issue price of $0.06 CDN per share for aggregate proceeds of $60,000 to $120,000 CDN. The company has received expressions of interest exceeding the minimum amount. The private placement is planned to close on September 9, 2013, and the shares issued are subject to a four-month hold period from the date of issue.
Cuervo common shares are listed on the Canadian National Stock Exchange (CNSX) and also trade on the Frankfurt Stock Exchange (FWB). As of August 29, 2013, there are 43,184,750 common shares outstanding (64,169,750 shares on a fully diluted basis).
For further information, please contact
Mr. Brian Berner, CEO and a Director of the Company, at 416-203-3957 ext 201 or Mr. Tom Berner, Investor Relations, at 416-203-3957 ext 202. Additional information about Cuervo can be found at the Company's website at www.cuervoresources.com.
The Canadian National Stock Exchange (CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.