Goldflare Exploration Inc. announces the closing of a private placement offering presented to eligible investors, at a price of $0.21 per unit allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 12 months following the closing of the Placement). The Offering totals 1,102,858 common shares, 2,205,716 Flow-Through shares and a total of 3,308,574 warrants. No insider participated to this placement and $4,536 intermediary fees were engaged. All the securities issued are subject to a minimum holding period of four months plus one day, and the Offering is subject to final approval from the TSX Venture Exchange. The proceeds of the flow-through share offering will be used to finance "Canadian exploration expenses" on mining claims of the Co...