THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES


Everton Resources Inc. ("Everton" or the "Company") (TSX
VENTURE:EVR)(FRANKFURT:ERV)(OTCQX:EVRRF) is pleased to announce that it is
arranging a non-brokered private placement of up to 36,363,636 "flow-through"
common shares at an issue price of $0.055 per share and up to 20,000,000 units
at an issue price of $0.05 per unit, for aggregate maximum gross proceeds to
Everton of up to $3,000,000. 


Each unit will be comprised of one common share and of one-half (1/2) of a
common share purchase warrant. Each whole warrant will entitle the holder to
acquire one additional common share of Everton, at a price of $0.10 per share,
for a period of 18 months following the closing of the private placement.


Pursuant to the National Instrument 45-102 Resale of Securities, the securities
to be issued pursuant to the private placement will be subject to a four-month
"hold period". Closing is anticipated on or about December 27, 2013.


The Company will pay finder's fees consisting of a cash fee equal to 7% of the
gross proceeds raised pursuant to the private placement and will also issue
non-transferable warrants equal to 8% of the total number of the flow-through
common shares and units sold under the private placement. Each warrant will
entitle the holder to purchase one unit of the Company at a price of $0.05 per
unit for a period of 18 months following the closing of the private placement.
The units issued upon the exercise, if any, of the finder's warrants shall have
the same terms and conditions as the units issued to subscribers pursuant to the
private placement. Marquest Capital Markets and PowerOne Capital Markets Limited
will act as the finders in connection with the financing.


The aggregate proceeds raised from the issuance of the "flow-through" common
shares will be used to incur Canadian Exploration Expenses on the Company's
properties located in the Province of Quebec.


The private placement is subject to regulatory approval, including that of the
TSX Venture Exchange.


About Everton Resources Inc. 

Everton is actively exploring in the Dominican Republic adjacent to the Pueblo
Viejo Mine, owned by the world's two largest gold mining companies, Barrick Gold
Corporation (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp"). Everton
also holds an interest in the Opinaca region of James Bay, Quebec where the
Company has partnered with Hecla Mining Company (formerly Aurizon Mines Ltd.)
which is advancing Everton's interest by funding 100% of all exploration work on
one of the largest land packages adjacent to Goldcorp's Eleonore gold deposit.


For further information on Everton Resources Inc. please visit
www.evertonresources.com. 


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Everton Resources Inc.
Andre Audet
Chairman and CEO
613-241-2332
613-424-5682 (FAX)
andre@evertonresources.com
www.evertonresources.com
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Everton Resources Charts.
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Everton Resources Charts.