Business
International KRL Resources Corp. announces $150,000 private placement
/NOT FOR DISTRIBUTION TO NEWS WIRE SERVICES IN THE UNITED STATES/ VANCOUVER, June 12 /CNW/ - Inte...
About this update from Affinity Metals Corp
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO NEWS WIRE SERVICES IN THE UNITED STATES/\n\n\nVANCOUVER, June 12 /CNW/ - International KRL Resources Corp. (TSXV:IRK)\n(the "Company") today announced a non-brokered private placement consisting of\nup to 10,000,000 units (the "Units") at a price of $0.015 per Unit, for gross\nproceeds of up to $150,000 (the "Offering"). The Units will be comprised of\none common share and one share purchase warrant (a "Warrant"). Each Warrant\nwill entitle the holder to purchase one common share for a period of two years\nat a price of $0.05 per share for the first year, and at $0.10 per share for\nthe second year.\n\n\nThe Offering is subject to TSX Venture Exchange acceptance. All\nsecurities issued pursuant to the Offering will be subject to a four-month\nhold period from the closing date. The proceeds from the Offering will be used\nfor general working capital.\n\n\nInternational KRL Resources Corp. is a mineral exploration company\nengaged in the acquisition, exploration and advancement of Canadian mineral\nproperties. It has a significant property portfolio prospective for uranium,\nbase metals and precious metals. For more information on the Company and the\nproperties please visit www.krl.net and www.sedar.com websites.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as\nthat term is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nForward Looking Statements: The above contains forward looking statements\nthat are subject to a number of known and unknown risks, uncertainties and\nother factors that may cause actual results to differ materially from those\nanticipated in our forward looking statements. Factors that could cause such\ndifferences include: changes in world commodity markets, equity markets, costs\nand supply of materials relevant to the mining industry, change in government\nand changes to regulations affecting the mining industry. Forward-looking\nstatements in this release include statements regarding future exploration\nprograms, operation plans, geological interpretations, mineral tenure issues\nand mineral recovery processes. Although we believe the expectations reflected\nin our forward looking statements are reasonable, results may vary, an...