Fidelity Minerals Corp. closes first Tranche of Private Placement
![Fidelity Minerals Corp. closes first Tranche of Private Placement](https://www.minenportal.de/media/goldseiten-news.jpg)
The first tranche comprises 6,800,000 units (54% of the offering), of which 2,000,000 units were subscribed by Lions Bay Capital, a Control Person, and 2,400,000 units were subscribed by management. The Company expects to close a second and final tranche of the private placement in the very near term.
Finders' fees will be payable to eligible individuals and entities in connection with the Financing in accordance with the policies of the TSX Venture Exchange. The private placement is subject to approval of the TSX Venture Exchange.
About Fidelity Minerals Corp.
Fidelity Minerals Corp. is an emerging gold producer focusing on unlocking value from advanced stage mining assets in Peru. The company is backed by an experienced management team with diverse technical, market, and commercial expertise and is supported by committed and sophisticated investors focused on building long term value, now anchored by Lions Bay Capital Inc.
On behalf of the Board of Montan.
Ian Graham
CEO and Director
Tel: +1.604.671.1353
Email: igraham@fidelityminerals.com
For more information, please visit the corporate website at http://www.fidelityminerals.com or contact:
Investor Contacts:
Luis F. Zapata
Executive Chairman
Tel: +1.604.358.1382
Tel: +51.999.968.827 (Peru)
Email: lzapata@fidelityminerals.com
Bahay Ozcakmak
Director
Tel: +61.3.9236.2800
Email: bahay@lionsbaycapital.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 NEWS RELEASE.
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