Bathurst Metals Increases Financing Due to Strong Demand

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[{"type":"text","content":"Bathurst Metals Increases Financing Due to Strong Demand\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNewswire -\n \n \n October 8, 2020 - Bathurst Metal Corp.\n \n \n (\n \n \n TSXV\n \n \n :\n \n \n BMV.H previously Pacific Cascade Minerals\nInc. PCV.H\n \n \n )\n \n \n (\"\n \n \n Bathurst\n \n \n \" or the \"\n \n \n Company\n \n \n \")\n \n \n today announced that due to strong demand, it\nhas increased its previously announced non-brokered private placement \nfrom 7,500,000 units to 8,200,000 units at a price of $0.10 per unit\n(the \"\n \n \n Placement\n \n \n \"). The aggregate gross\nproceeds of the Placement are expected to be up to $820\n \n \n \n \n ,000.00 instead of the\noriginally planned $750,000.00.\n \n \n \n \n Bathurst's President and CEO, Hardy Forzley, noted:\n\"We are very encouraged by the strong demand for the Placement. \nThis will enable us to clear up all outstanding debt and move forward\nwith a strong balance sheet.\"\n \n \n \n \n In all other respects, the terms of the Placement will\nbe as announced on September 17, 2020. The Placement is expected to\nclose on or about October 20, 2020.\n \n \n \n \n Completion of the Placement is subject to the approval\nof the TSX Venture Exchange.\n \n \n \n \n \n \n On\nbehalf of the Board of Directors\n \n \n \n \n \n \n \"Harold Forzley\"\n \n \n \n \n \n \n President / CEO\n \n \n \n \n Bathurst Metals Corp.\n \n \n \n \n For more information contact Harold Forzley,\nPresident\n \n \n \n \n Neither TSX Venture Exchange nor its\nregulation services provider (as that term is defined in the policies\nof the TSX Venture Exchange) accepts responsibility for the adequacy\nor accuracy of this release.\n \n \n \n Copyright (c) 2020 TheNewswire - All rights reserved.\n \n \n","length":3776,"tagName":"div"}]

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