/NOT FOR DISTRIBUTION TO A US NEWSWIRE SERVICE
OR FOR DISSEMINATION IN THE UNITED
STATES./
TSXV: PNO.H
VANCOUVER, Jan. 22, 2015 /CNW/ - PNO Resources Ltd. (the
"Company") (TSXV: PNO.H) announces a non-brokered private
placement of up to 5,000,000 units at a price of $0.10 per unit for gross proceeds of up to
$500,000.
Each unit will consist of one common share and one full common
share purchase warrant. Each whole common share purchase
warrant will be exercisable at $0.15
per common share for a period of 1 year from closing.
Proceeds will be used for general working capital and for
continuing to research opportunities in the natural resources
sector.
ON BEHALF OF THE BOARD OF DIRECTORS
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"Christy
Louth"
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Per:
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__________________
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Christy
Louth
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President and
Director
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NEITHER THE 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 NEWS RELEASE
SOURCE PNO Resources Ltd.