MONTREAL, June 18, 2018 /CNW/ - AM Resources Corp.
(TSX VENTURE: AMR) is pleased to announce an equity private
placement of 2,941,176 common shares of the Corporation, at a price
of $0.17 per share, for total
proceeds of $500,000 (the
"Offering").
The Corporation will use the proceeds of the Offering for the
development of its properties and for working capital purposes.
All securities issued pursuant to the Offering are subject to
the applicable statutory four month hold period. The Offering is
subject to the approval of the TSX Venture Exchange.
ABOUT AM RESOURCES CORP.
AM Resources Corp. is a mining exploration Corporation with
interests in coal and natural bitumen projects in Colombia. AM is betting on Colombia's excellent mineral potential and
favourable climate to pursue its new Colombian venture. The
Corporation is also engaged in gold brokerage activities in
Colombia through its subsidiary,
AM Resources Trading Corp.
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.
SOURCE AM Resources Corp.