Trailbreaker Closes Financing
May 04 2023 - 2:45PM
Trailbreaker Resources Ltd. (TBK.V)
(“Trailbreaker” or “the Company”) is pleased to announce that the
Company has approval from the TSX Venture Exchange (the “Exchange”)
to close its non-brokered private placement of units (the “Private
Placement”) for aggregate gross proceeds of $715,000.
The Company will now issue 6,500,000 units
(“Units”) at a price of $0.11 per Unit, for gross proceeds of
$715,000, each Unit consisting of one (1) common share and one (1)
common share purchase warrant, each warrant being exercisable for
an additional common share of the Company at a price of $0.15 for
36 months following the date of issuance.
All securities issued pursuant to the Financing
are subject to a 4-month hold.
The proceeds of the Private Placement will be
used to advance the Company’s various exploration projects, and for
working capital purposes.
ON BEHALF OF THE BOARD
Daithi Mac GearailtPresident and Chief Executive Officer
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 release.
TRAILBREAKER RESOURCES LTD.650
W. Georgia Street, #2110VANCOUVER, British ColumbiaCanada, V6B
4N8
Telephone: 604 681 1820Facsimile: 604 681 1864
https://www.TrailbreakerResources.comhttps://twitter.com/TrailbreakerLtd.
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