Boxxer announces $250,000 private placement

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[{"type":"text","content":"\n\n\nCALGARY, Dec. 11, 2013 /CNW/ - Boxxer Gold Corp. (TSX Venture: BXX/OTC:\n BXXRF) (\"Boxxer\" or the \"Corporation\") today announced its intention to raise up to $250,000 by way of a\n non-brokered private placement (the \"Offering\").  The Offering is\n expected to close on or about December 20, 2013, and the Offering is\n subject to regulatory approval.\n\n\nFinancing:\n\n\nA total of up to 5,000,000 Units will be offered for sale at a price of\n $0.05 per Unit to raise total proceeds of $250,000. Each Unit will\n consist of one Common Share in the share capital of Boxxer and one\n Common Share purchase Warrant (\"Warrant\").  Each Warrant shall be\n exercisable into one Common Share at a price of $0.05 until five (5)\n years from the date of closing. Each Warrant is subject to accelerated\n expiry provisions such that if any time after the completion of the\n Offering the closing price of the Common Shares on the TSX Venture\n Exchange is at least $0.10 per Common Share for 15 consecutive days the\n Corporation may give notice to the holders that each warrant will\n expire 15 business days from the date of providing such notice.  The\n proceeds of the Unit Offering will be used primarily for general\n working capital purposes.\n\n\nA finder's fee of up to 8% of the gross proceeds of the Offering may be\n paid in cash on all or any part of the Offering. Additionally, finder's\n warrants exercisable into Common Shares of Boxxer may be issued in an\n amount up to 8% of the number of Units sold under the Offering. The\n finder's warrants will be exercisable into Common Shares at a price of\n $0.05 per Common Share for a period of one year from the date of\n issuance of the finder's warrants.\n\n\nAbout Boxxer Gold Corp.\n\n\nBoxxer is a Canadian junior resource company involved in the exploration\n for large polymetallic copper deposits in North America. Boxxer's\n active projects include the Boss and Buena Vista copper projects in the\n state of Nevada, the Empire copper-gold-silver property in Idaho, the\n DOK copper-gold porphyry property in Northwest B.C., and the East\n Breccia copper-silver-molybdenum property in Ontario.  Boxxer also has\n the Gordon Lake gold project located 110 kilometres north of\n Yellowknife NWT, Canada.\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (...

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