New Break Resources Ltd. is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 3,750,000 non-flow-through units at $0.08 per Unit for gross proceeds of up to $300,000 and 7,000,000 flow-through units at a price of $0.10 per FT Unit, for gross proceeds of up to $700,000 . The Company will make a provision for an over-allotment option to allow the purchase of up to 1,250,000 additional $0.08 Units beyond the number of Units contemplated in this Offering. If the Over-Allotment Option is fully exercised, the total gross proceeds will be $400,000 from the sale of 5,000,000 Units. Each Unit consists of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder thereof, to purchase o...