MONTREAL, QUEBEC--(Marketwired - Oct 3, 2014) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) following-up on its press releases of April, 2nd and September 19th, is pleased to announce the closing of a first private placement of $999,999.96 CAD with Ressources Québec Inc. ("RQ"), a subsidiary of Investissement Québec. Under the private placement, RQ subscribed to 16,666,666 common shares of the Company at a price of $ 0.06 per share. As a result of this investment, RQ holds 12.17% of the common shares issued and outstanding of Matamec. The shares issued under the private placement, are subject to a mandatory hold period of four months and one day ending on February ...
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