AbraPlata Closes $750,000 Non-Brokered Private Placement
AbraPlata Closes $750,000 Non-Brokered Private Placement
NOT FOR DISTRIBUTION IN THE U.S. OR DISSEMINATION THROUGH U.S. NEWSWIRE SERVICES
VANCOUVER, B.C. – April 18, 2019, - AbraPlata Resource Corp. (TSX.V:ABRA; OTCPK: ABBRF) ("AbraPlata" or
the "Company") is pl eased to announce that i t has closed the final tranche of its non -brokered private
placement (the “Private Placement”) of units (each, a “Unit”) at a price of $0.05 per Unit. Each Unit consists of
one common share of the Company and one common share purc hase warrant (each, a “ Warrant”). Each
Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.10 for a
period of sixty-months.
In connection with this final tranche of the Private Placement , the Company issued 4,616,000 Units . When
combined with the earlier tranche of the Private Placement announced April 8, 2019, the Company has issued
a total of 15,000,000 Units for gross proceeds of $750,000.00 . All securities issued in connection with the
Private Placement are subject to a four -month-and-one-day statutory hold period in accordance with
applicable securities laws.
The Company has paid finders’ cash commissions of $2,400.00 to certain parties who assisted the Company by
introducing subscribers to the final tranche of the Private Placement.
The proceeds of the Private Placement will be used for gene ral working capital purposes and the Company ’s
Diabilillos property.
The securities offered have not been, and will not be, registered under the United States Securities Act of
1933, as amended, (the “U.S. Securi ties Act”) or any U.S. state securities laws, and may not b e offered or sold
in the United States or to, or for the account or benefit of, United States persons absent registration or any
applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state
securities laws. T his news release does not constitute an offer to sell or the solicitation of any offer to buy
securities in the United States, nor in any other jurisdiction.
Qualified Person
All scientific and te chnical information in this news release has been approved by Willem Fuchter, PhD PGeo,
consultant to and Director of AbraPlata and a qualified person as defined by National Instrument 43-101.
About AbraPlata
AbraPlata is a junior mining exploration compa ny focused on unlocki ng mineral value in Argentina. The
Company has assembled an outstanding portfolio of gold, silver and copper exploration assets. The Company
is foc used on exploring and advancing its flagship Diablillos silver-gold property, which has an Indicated
Mineral R esource containing 80.9M oz silver and 732k oz gold. In addition, AbraPlata owns the highly
prospective Cerro Amarillo property, which hosts a cluster of five mineralized Cu-(Mo-Au) porphyry intrusions
and is located in a mining district hosting the behemoth El Teniente, Los Bronces, and Los Pelambres porphyry
Cu-Mo deposits.
ON BEHALF OF ABRAPLATA RESOURCE CORP.
Robert Bruggeman
Interim CEO
For further information concerning this news release, please contact:
Rob Bruggeman
Tel: +1.416.884.3556 Email: [email protected]
This news release includes certain "forward -looking statements" under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon a num ber of estimates and assumptions
that, while considered rea sonable, are subject to known and unknown risks, uncertainties, and other factors
which may cause the actual results and future events to differ materially from those expressed or implied by
such forward-looking statements. All statements that address futu re plans, activities, events or developments
that the Company believes, expects or anticipates will or may occur are forward-looking information. There can
be no assurance that such statements 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 statements. The Company disclaims any intention or obligat ion to update or revise any
forward-looking statements, whe ther as a result of new information, future events or otherwise, except as
required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the po licies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information about AbraPlata and its projects, please visit the Company’s website at
www.abraplata.com.