DEEP-NR40 (AMENDED) Closes PP - 04Feb2021
DeepRock Minerals Closes Private Placement
February 4, 2021 - Vancouver, British Columbia CSE:DEEP
DeepRock Minerals Inc. (“DeepRock” or the “Company”) announces it has CLOSED its non-brokered private placement, raising gross proceeds of $700,000 from the issuance of 14,000,000 units of the Company (“Units”) at $0.05 per Unit. Each Unit is comprised of one common share and one common share purchase warrant with an exercise price of $0.06 per share and an exercise term of 24 months. Proceeds from the private placement will be used to fund exploration of the Company’s mineral projects as well as being used for general operating capital. All securities issued under the private placement will be subject to a four-month hold.
This is a correction to a previous news release which stated the Company closed the “1st tranche” of its nonbrokered private placement.
For more information, please contact:
Richard Shatto, Director Telephone: (604) 807-6334 Email: [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain “forwardlooking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements.
Page 1 of 1 | DeepRock Minerals Inc. | #13 - 7179 - 201st Street, Langley, BC Canada V2Y 2Y9