Tasca to Proceed to Private Placement of Units
Vancouver, British Columbia (FSCwire) - Tasca Resources Ltd. ("Tasca", “TAC” or the "Company") (TSX Venture symbol: TAC) is pleased wishes to announce that it intends to proceed with a private placement of up to 10,000,000 Units at $0.055 per Unit for gross proceeds of up to $550,000. Each Unit is comprised of one common share at $0.055 and one warrant exercisable at $0.10 per common share for two years from closing. There may be finder’s fee payable. The private placement is subject to TSX Venture Exchange acceptance and the resulting securities which are issued will be subject to a four month and a day hold period.
For additional information regarding the Company, please visit the Company's website at www.tascaresources.com
ON BEHALF OF THE BOARD OF DIRECTORS
Clive H. Massey
President & CEO
For further information, please contact:
Tasca Investor Relations
Phone: (604) 644-6794
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.
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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Source: Tasca Resources Ltd. (TSX Venture:TAC)
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