Brionor Announces the Closing of a Non-Brokered Private Placement
29 August 2011 - 11:13PM
Marketwired
Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE:
BNR) is pleased to announce that it has completed a non-brokered
private placement by issuing 7,596,9858 units (the "Units") at a
price of $0.07 per Unit for gross proceeds of $531,780.06. Each
Unit consists of one common share of the Company (a "Common Share")
and one-half common share purchase warrant. Each whole warrant
entitles its holder to acquire one additional Common Share of the
Company at a price of $0.12 until February 26, 2013.
All securities issued in the private placement are subject to a
four month hold period expiring on December 27, 2011.
Brionor is a junior mining exploration company with a portfolio
of exploration projects including the 100% owned Pitt Golf Project
in Quebec.
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.
Contacts: Brionor Resources Inc. Lewis Lawrick President &
CEO 647-478-5307 Brionor Resources Inc. Robert Ayotte Chairman
450-441-9177 info@brionor.com
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