Gespeg Closes Non-Brokered Private Placement and Announces Launch of New Corporate Website
24 June 2014 - 11:00PM
Marketwired
Gespeg Closes Non-Brokered Private Placement and Announces Launch
of New Corporate Website
SASKATOON, SASKATCHEWAN--(Marketwired - Jun 24, 2014) - GESPEG
COPPER RESOURCES INC. (TSX-VENTURE:GCR) (the "Company" or "Gespeg")
Gespeg announces that it has completed its private placement (the
"Offering") announced on May 27th and has raised the complete
$250,000.
The Offering consisted of 5,000,000 units (the "Units") at a
price of $0.05 per Unit. Each Unit consisted of one common share in
the capital of the Company (a "Share") and one-half of one share
purchase warrant (a "Warrant"). Each full Warrant entitles the
holder to purchase one Share at a price of $0.15 exercisable until
June 24, 2016. The Shares issued are subject to a statutory hold
period in accordance with applicable securities legislation which
expires on October 25, 2014.
The net proceeds from the Offering will be used by the Company
to fund exploration work on the Company's Vortex and R-Jean project
and for general administrative purposes.
Gespeg also announces the launch of its new bilingual website at
www.gespegcopper.com
About Gespeg Copper Resources Inc.: Gespeg is an exploration
company with a focus on copper, especially in a grossly
underexplored region "Gaspé, Québec". With a dedicated management
team, the Company's goal is to create shareholder wealth through
the discovery of new deposits.
GESPEG COPPER RESOURCES INC.
Sylvain Laberge, President and CEO
FORWARD LOOKING INFORMATION
Some of the statements contained in this press release are
forward-looking statements and information within the meaning of
applicable securities laws. Forward-looking statements and
information can be identified by the use of words such as
"expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain
actions, events or results "may", "could", "should", "would",
"might" or "will" be taken, occur or be achieved. Forward-looking
statements and information are not historical facts and are subject
to a number of risks and uncertainties beyond the Company's
control. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the
forward-looking statements contained in this news release.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements,
except as may be required by law.
Neither TSX Venture Exchange nor its Regulations Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Sylvain LabergePresident and
CEO514.380.5610514.702.9841Slaberge@gespegcopper.com
Gespeg Resources (TSXV:GCR)
Historical Stock Chart
From May 2024 to Jun 2024
Gespeg Resources (TSXV:GCR)
Historical Stock Chart
From Jun 2023 to Jun 2024