TORONTO, ONTARIO–(Marketwired – Dec. 14, 2017) –
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Eastmain Resources Inc. (TSX:ER)(OTCQX:EANRF) (the “Company” or “Eastmain”) is gratified to announce that it has sealed a formerly announced non-brokered charity (the “Offering”) of 6,000,000 “flow-through” common shares (the “FT Shares”) during a cost of $0.38 per FT Share, to lift total sum deduction of C$2,280,000.
The net deduction of a Offering are approaching to be used to account scrutiny and growth of a Company’s vegetable concessions in Quebec. All FT Shares released pursuant to a Offering are theme to a orthodox reason duration failing Apr 15, 2018. The Offering stays theme to a final capitulation of a Toronto Stock Exchange.
The bonds offering have not been purebred underneath a U.S. Securities Act of 1933, as amended, and might not be offering or sole in a United States absent registration or an germane grant from a registration requirements. This press recover shall not consecrate an offer to sell or a questionnaire of an offer to buy nor shall there be any sale of a bonds in any State in that such offer, questionnaire or sale would be unlawful.
About Eastmain Resources Inc. (TSX:ER)
Eastmain is a Canadian scrutiny association with 100% seductiveness in a Eau Claire and Eastmain Mine bullion deposits, both of that are located within a James Bay District of Quebec. Clearwater, horde of a Eau Claire deposit, is a Company’s core item with entrance to higher infrastructure in a enlightened mining jurisdiction. Eastmain also binds a tube of scrutiny projects in this new Canadian mining district, including being a partner in a Éléonore South Joint Venture.
Forward- Looking Statements – Certain information set onward in this news recover might enclose forward-looking statements that engage estimable famous and different risks and uncertainties. Forward-looking statements embody of statements that are not quite historical, including statements per beliefs, plans, expectations or timing of destiny plans, and include, though not singular to, statements with honour to a intensity success of a Company’s destiny scrutiny and growth strategies. These forward-looking statements are theme to countless risks and uncertainties, certain of that are over a control of Eastmain, including, though not singular to a impact of ubiquitous mercantile conditions, attention conditions, coherence on regulatory approvals, a accessibility of financing, timely execution of due studies and technical reports, and risks compared with a exploration, growth and mining attention generally such as mercantile factors as they impact exploration, destiny commodity prices, changes in seductiveness rates, reserve and security, political, amicable or mercantile developments, environmental risks, word risks, collateral expenditures, handling or technical problems in tie with growth activities, crew relations, a suppositional inlet of bullion scrutiny and development, including a risks of abating quantities of grades of Mineral Resources, contests over skill title, and changes in plan parameters as skeleton continue to be refined. Readers are cautioned that a assumptions used in a credentials of such information, nonetheless deliberate reasonable during a time of preparation, might infer to be close and, as such, undue faith should not be placed on forward-looking statements. The Company assumes no requirement to refurbish such information, solely as might be compulsory by law.
