VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/11/13 — Revolver Resources Inc. („Revolver“) (TSX VENTURE: RZ) wishes to announce that, subject to regulatory approval, it has arranged a private placement of up to 3,500,000 flow-through units at price of $0.10 per unit for gross proceeds of $350,000. The Company has also arranged a private placement of up to 7,000,000 non flow-through units at price of $0.05 per unit for gross proceeds of $350,000. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant shall be exercisable into one non flow-through common share for a period of one year at a price of $0.10 per share. Proceeds of the placement will be used to initiate a 1,000 m drilling program to investigate a 2.3 x 0.5 km high chargeability anomaly recently identified on the Summit B property and associated with fault-bounded Cu-Au mineralization and for general working capital. The Company will also pay a finder-s fees in accordance with the policies of the TSX Venture Exchange.
For further information on Revolver please visit our website at .
ON BEHALF OF THE BOARD OF DIRECTORS
Robert L. Birmingham, President
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Revolver Resources Inc. (778) 331-2025 (604) 683-5309 (FAX)
Only registered users can comment.
