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Toronto, Ontario--(November 28, 2011) - Tartisan Resources Corp. (CNSX: TTC) ("Tartisan" or the "Company") has been receipted by the Ontario Securities Commission (the "OSC") for its Final Prospectus dated November 23, 2011 which is posted on SEDAR. Tartisan has also received "Conditional Listing Approval" from the Canadian National Stock Exchange ("CNSX"). Tartisan will trade on the CNSX under the stock symbol "TTC".
The Company is also pleased to announce that it has entered into a financing engagement with Kingsdale Capital Markets Inc. ("Kingsdale") to assist Tartisan in raising a minimum of $2.5M and up to $3.5M as part of the Company's Initial Public Offering ("IPO").
The IPO financing will consist of Units. The Units are priced at $0.45 per Unit and are comprised of one common share and one warrant exercisable at $0.60 for 18 months from date of listing.
Please contact Anita Tyler, Syndication Manager from Kingsdale, to reflect your order and or interest in Tartisan. The IPO is scheduled to close the week of December 12, 2011.
Tartisan is an emerging mineral exploration company that is targeting gold, silver and other metals and minerals in North Central Peru. The Company's land package is located within 50kms of the currently producing La Arena Mine owned by Rio Alto (TSX.V-RIO) and the Lagunas Norte Mine owned by Barrick Gold (TSX-ABX) amongst several others.
If you would like to schedule a meeting with the Company please contact: Mr. Mark Appleby, President and C.E.O or Mr. Paul Ankcorn C.F.O.
For more information please contact Tartisan Resources Corp.:
D. Mark Appleby: President & C.E.O, mark@tartisanresources.com, Ph: 416-804-0280
Paul R. Ankcorn: C.F.O, paul@tartisanresources.com, Ph: 416-414-9171
Kingsdale: Anita Tyler, Syndication Manager, atyler@kingsdalecapital.com, Ph: 416-867-4563
The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registrations requirements of such Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, sale or solicitation would be unlawful.
The IPO is made only by prospectus. The prospectus contains important detailed information regarding the Units. Investors should read the final prospectus before making an investment decision. Copies of the final prospectus may be obtained from Kingsdale Capital Markets Inc. - Anita Tyler, Syndication Manager, atyler@kingsdalecapital.com, Ph: 416-867-4563.
Completion of the IPO is subject to a number of conditions, including but not limited to the satisfaction of the CNSX. There can be no assurance that the IPO will be completed as proposed or at all.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The CNSX has in no way passed upon the merits of the IPO and has neither approved nor disapproved the contents of this press release. We seek Safe Harbour.