Dv Resources Closes Private Placement Financing
DV RESOURCES LTD.
1710 - 1177 West Hastings Street, Vancouver, BC, Canada V6E 2L3 Telephone: (604) 640-6357 Telefax: (604) 681-0139
NEWS RELEASE
October 14, 2014 TSXV Symbol – DLV
DV RESOURCES CLOSES PRIVATE PLACEMENT FINANCING
DV Resources Inc. (“Company”) announces that it has closed the private placement sale of 4,000,000 Units – which was accepted for filing by the TSX Venture Exchange September 9, 2014, and was described in the Company’s Press Release dated August 19, 2014. The Units were sold on a nonbrokered basis for a price of $0.05 per share – from which the Company received proceeds of $200,000.
Each Unit consists of one share of the Company and one warrant entitling the holder to purchase an additional share for $0.10 until September 30, 2015.
The shares included in the Units, and any shares issued pursuant to the exercise of the warrants, will be subject to a non-trading holding period expiring January 21, 2015.
DV RESOURCES LTD.
Clinton Smyth, President and CEO
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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