Resolve Ventures Announces Private Placement
For Immediate Release March 29, 2017 Trading Symbol: RSV – TSX-V
NEWS RELEASE
RESOLVE VENTURES ANNOUNCES PRIVATE PLACEMENT
March 29, 2017, Vancouver, British Columbia – Resolve Ventures Inc. (“Resolve” or the “Company”) is pleased to announce that it is arranging a private placement to raise up to $320,000. The offering will be comprised of up to 4 million units at a price of $0.08 per unit. Each unit will be comprised of one common share and one transferable warrant, with each warrant being exercisable for the purchase of one additional common share for a period of two years, at a price of $0.15 per share.
The Company plans to expend the proceeds of the private placement on the Connell Mountain copper property and for general working capital purposes.
The Company may pay finders’ fees in connection with the private placement.
About the Company
Resolve Ventures is a Canadian based mineral exploration company committed to building long term value through strategic property acquisitions. RESOLVE PUSHING FOR DISCOVERY.
ON BEHALF OF THE BOARD OF DIRECTORS
"David Baker"
David Baker, President and CEO For further information, please call (604) 817-4211 or (604) 970-8052
FORWARD LOOKING STATEMENTS
All statements in this release, other than statements of historical fact, are "forward-looking information" with respect to Resolve Ventures Inc. ("Resolve Ventures") within the meaning of applicable Canadian securities laws, including statements that address the Company’s use of funds, the future price of lithium, potential quantity and/or grade of minerals, potential size of a mineralized zone, potential expansion of mineralization, the timing and results of future resource estimates, or other study, proposed exploration and development of our exploration properties, the estimation of mineral resources. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Resolve Ventures to differ materially from those anticipated in such forward-looking information.
Although Resolve Ventures has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Except as otherwise indicated by Resolve Ventures, these statements do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Resolve Ventures does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
4567 Holly Park Court, Delta, British Columbia, Canada V4K 4S7 Telephone: (604) 685-3317 � Fax: (604) 940-9208