Redzone Resources Limited: Completes Private Placement Financing
![Redzone Resources Limited: Completes Private Placement Financing](https://www.minenportal.de/media/goldseiten-news.jpg)
In connection with the Offering, the Company also issued an aggregate of 608,000 broker warrants to certain finders, each entitling the holder to acquire one Unit at an exercise price of $0.16 for a period of two years.
The Offering remains subject to the receipt of final regulatory approvals. All securities issued and issuable in the Offering are subject to a statutory hold period expiring on April 30, 2018.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Redzone, including, but not limited to the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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Contact
Redzone Resources Ltd.
Michael Murphy, President and Chief Executive Officer
michael.murphy@redzoneresources.ca