Tasca Resources Receives over $265,000 from Warrant Exercise
Vancouver, British Columbia (FSCwire) - Tasca Resources Ltd. ("Tasca", "TAC" or the "Company") (TSX Venture symbol: TAC) (Frankfurt: 3TA) is pleased to announce that the Company has received aggregate proceeds of $265,564 since October 1, 2017 from the exercise of warrants. Tasca has issued an additional 2,569,708 common shares from its Treasury through the conversion of these warrants to shares. Proceeds raised will be used to advance the Company’s business objectives and for general working capital purposes.
Clive Massey, CEO and President of Tasca states, “We are so pleased to have received the cash generated from the exercise of these warrants. The cash combined with the proceeds from our recent private placement will allow us to accelerate our Business Plan and further the exploration of our recently acquired B.C. properties.”
About Tasca Resources
Tasca Resources Ltd. (TAC: TSX-V; FWB: 3TA) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.
For additional information regarding the Company, please visit the Company's website at www.tascaresources.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Clive Massey”
Clive H. Massey
President & CEO
For further information, please contact:
Tasca Investor Relations
Phone: (604) 644-6794; Email: tascaresources@gmail.com
Neither 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.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/tasca11242017.pdf
Source: Tasca Resources Ltd. (TSX Venture:TAC)
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