Astorius Resources Arranges $60,000 Private Placement Financing
ASTORIUS RESOURCES LTD.
1710 – 1177 West Hastings Street Vancouver, BC V6E 2L3 Tel: (604) 618-1758
April 18, 2016 Symbol “ASQ”: TSX Venture Exchange
NEWS RELEASE
ASTORIUS RESOURCES ARRANGES $60,000 PRIVATE PLACEMENT FINANCING
Astorius Resources Ltd. ("Astorius") is pleased to announce that it has entered into agreements pursuant to which it will sell, by exempt private placement, 6,000,000 Units at a price of $0.01 per Unit – from which it will receive proceeds of $60,000.
Each Unit will consist of one share of the Company and one share purchase warrant. A warrant will be exercisable for a 5 year term to purchase one additional share of the Company for $0.05.
The new financing will be used to pay accounts payable and provide the Company with operating capital. It is subject to acceptance for filing by the TSX Venture Exchange.
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations – Tel: 604.618.1758 e-mail: [email protected] website: www.astoriusresources.com
ASTORIUS RESOURCES LTD.
T.J. Malcolm Powell President
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
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