Indigo Exploration Inc. Closes Non-Brokered Private Placement of $500,000
04 April 2013 - 9:07AM
Marketwired Canada
Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) has closed a
non-brokered private placement of 10,000,000 units priced at $0.05 per unit for
total gross proceeds of $500,000. Each unit is comprised of one common share and
one warrant, with each warrant exercisable to acquire one additional common
share at an exercise price of $0.12 per share, on or before April 3, 2014.
Securities issued pursuant to the private placement are subject to a four month
hold until August 4, 2013.
Proceeds of the private placement will be used for continuing to advance the
Company's mineral exploration properties in Burkina Faso, for acquisition
payments, and for general working capital.
On Behalf of the Board of Directors,
Paul Cowley, Interim CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Indigo Exploration Inc.
Paul Cowley
(604) 340-7711
Indigo Exploration Inc.
Keir Reynolds
(778) 998-9242
www.indigoexploration.com
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