Finore Announces Private Placement
Mar 26, 2013
OTC Disclosure News Service
Vancouver, BC, Canada
Announces Private Placement
Vancouver, B.C., March 26,
2013 – FINORE MINING INC. (CNSX: FIN;
OTCQX: FNREF) (the “Company” or “Finore”) is pleased to
announce a non-brokered private placement of common shares to raise up to $407,500
(the “Private Placement”). The common
shares are to be issued at a price of $0.03 per share, subject to receipt of
CNSX approval, and the proceeds from the Private Placement are to be used for
general working capital.
The Private Placement will be made available by way of
private placement exemptions in Canada and may be offered in other
jurisdictions where they can be issued, exempt from any prospectus,
registration or other similar requirements. The Private
Placement is subject to a number of conditions including receipt of all necessary
corporate and regulatory approvals, including the approval of the Canadian
National Stock Exchange.
All shares issued in connection with the Private Placement will be subject to a statutory hold period of four months plus a day from
the date of issuance in accordance with applicable securities law legislation.
About Finore Mining Inc.
Finore has acquired
100% interest in
the LK Project as part of the
with Nortec Minerals Corp. Finore’s
goal is to define a large-tonnage PGE+Au-Cu-Ni deposit in Finland, thereby
maximizing value on behalf of its shareholders.
For more information
please visit the Company’s
website at www.finoremining.com.
On behalf of the
directors of Finore Mining Inc.,
FOR MORE INFORMATION, PLEASE CONTACT:
The CNSX does
not accept responsibility for the adequacy or accuracy of this release.
FORWARD–LOOKING STATEMENTS: The forward-looking information contained in this
press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly
to revise any
the included forward-looking information, whether as a result of new information, future events or otherwise,
except as may
required by law. By
very nature, such forward-looking information requires the Company
assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and
unknown risks and uncertainties and other factors, which may cause actual results, levels of activity
and achievements to differ
materially from those expressed or implied by such information.
/* Style Definitions */
mso-padding-alt:0cm 5.4pt 0cm 5.4pt;
font-family:”Times New Roman”,”serif”;}
This release includes additional documents. Select the link(s) below to view.
FIN – NR Annouce $407k PP NR Mar 2013.pdf
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.