Trading Symbol: TSX-V: JSP
CALGARY, Nov. 8, 2016 /CNW/ - Jasper Mining
Corporation ("Jasper") (TSX-V:JSP) is pleased to announce that it
has completed a non-brokered private placement, as announced on
October 31, 2016, and accordingly has
issued 600,000 units at $0.05 per
unit; for gross proceeds to the Company of $30,000. Each unit will consist of 1 common
share and 1 common share purchase warrant. The warrants are
at an exercise price of $0.10 and
expire November 8, 2018.
The private placement resulted in the issuance of 600,000 common
shares, and 600,000 share purchase warrants. There were two
subscribers to the private placement, one being an Insider 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
