Trading Symbol: TSX-V: JSP
CALGARY, April 4, 2017 /CNW/ - Jasper Mining Corporation
("Jasper") (TSX-V:JSP) is pleased to announce a non-brokered
private placement of $37,000 through
the sale of 616,667 hard dollar units at $0.06 per unit. Each unit will consist of 1
common share and 1/2 common share purchase warrant with a term of
24 months, and an exercise price of $0.10. The common shares and warrants will
have a hold period of four months.
The private placement will result in the issuance of 616,667
common shares, and 308,334 share purchase warrants.
This is a non arms length issue at the current market price to
two 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
