Zincore Announces Private Placement
P R E S S R E L E A S E
SUITE 202, 5626 LARCH STREET, VANCOUVER, BC V6M 4E1 CANADA
T 604.669.6611 E [email protected] W www.zincoremetals.com
ZINCORE ANNOUNCES PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION
IN THE UNITED STATES.
Vancouver, B.C. June 8, 201 7 – Zincore Metals Inc. (NEX: ZNC.H ) (“Zincore” or the “ Company”) is
pleased to announce that it intends to sell, on a private placement basis, (the “Private Placement”) up to
2,500,000 units (“Units”) of the Company, for gross proceeds of up to $350,000, subject to approval of the
NEX Board of the TSX Venture Exchange . (the “ NEX”) Each Unit , which will consist of one common
share and one -half, common share purchase warrant , will be priced at $0 .14. Each whole warrant will
entitle the holder to acquire an additional common share at a price of $0. 21 for a period of twelve months
from the closing date.
The proceeds of the Private Placement will be used to pay property taxes in Peru and for working capital
requirements.
All shares issued pursuant to the Private Placement will be subject to a hold period expiring four months
and a day following the date of issue. The Company may pay finder’s fees in connection with the Private
Placement.
About Zincore
Zincore is a Vancouver -based mineral exploration company focused on zinc and related base metal
opportunities in Peru. The Company’s common shares trade on the NEX Board of the TSX Venture
Exchange under the symbol ZNC.H. For more information, please see o ur website at
www.zincoremetals.com
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 ade quacy or accuracy of this
release.
For more information please contact:
Zincore Metals Inc.
Adam Ho, CFO & VP, Corporate Development
(604) 669-6611
Cautionary Note Regarding Forward Looking Statements
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to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or perfo rmance (often, but not
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“plans”, “estimates” or “intends” or stating that certain actions, events or results “ may”, “could”, “would”, “might” or “will” be
taken, occur or be achieved) are not statements of historical fact and may be “forward -looking statements”. Forward-looking
statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from
those reflected in the forward-looking statements.