Bison Gold Resources Inc. Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - February 5, 2014) - Bison Gold Resources Inc. (TSXV: BGE) ("Bison Gold" or the "Company") is pleased to announce the closing of a non-brokered private placement of $61,000 (the "Financing"). The Company has issued 1,220,000 units ("Units") at $0.05 per Unit for proceeds of $61,000. Each Unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable at $0.075 per share expiring February 5, 2016.
The Financing is subject to final approval from the TSX Venture Exchange. All common shares issued will be subject to a four-month hold period ending June 5, 2014. The proceeds of the financing will be used for general working capital purposes. In connection with the financing the Company paid a commission of $2,480.
About Bison Gold
Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold exploration with property assets in Manitoba, Canada. The flagship property, Central Manitoba, is historically the second largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at www.bisongold.com.
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.
Contact Information
Bison Gold Resources Inc.
Amir Mousavi CEO
(647) 352-4900
www.bisongold.com