CALGARY, April 20, 2017 /CNW/ - Jasper Mining
Corporation ("Jasper") (TSX-V:JSP) is pleased to announce that it
has completed a non-brokered private placement, as announced on
April 4, 2017, and accordingly has
issued 616,667 units at $0.06 per
unit; for gross proceeds to the Company of $37,000. Each unit will consist of 1 common
share and 1/2 common share purchase warrant. The warrants are
at an exercise price of $0.10 and
expire April 20, 2019.
The private placement resulted in the issuance of 616,667 common
shares, and 308,334 share purchase warrants. There were two
subscribers to the private placement, both being Insiders of
Jasper Mining Corporation.
This News Release is being issued in accordance with TSX Venture
Exchange procedure which requires a News Release be made that
discloses the material details of the private placement.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE Jasper Mining Corporation