Knick Exploration Inc. Completes Non-Brokered Private Placement Totaling $101,000.
October 24 2013 - 9:44AM
Access Wire
Val-d'or, Quebec, Canada, October 24,
2013. Knick
Exploration Inc. ("Knick") is pleased to announce that
it has held a closing of its previously announced private placement
by issuing 101 Flow-Through Units at a price of $1,000 per
Flow-Through Unit, for proceeds to Knick of $101,000.
Knick will use the proceeds
from the placement of Flow-Through Units to incur
exploration drilling expenses on its mining properties located in
the Province of Quebec.
In relation with this private
placement, Knick has not paid any finder's fees or any
commission.
All the foregoing
securities are subject to a hold period expiring on
February 22, 2014.
Following the closing
of the private placement, there are a total of 54,350,984
common shares of Knick issued and outstanding.
For more
information, please contact:
Jacques BRUNELLE
President and CEO
Tel.: - 819 874-5252
The securities have not been
and will not be registered under the United Shares Securities Act
of 1933, as amended or any state securities laws. This press
release is not for distribution to United-States newswire services
or for dissemination in the United-States.
Neither 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 release.
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