BCM Resources Corporation Financing Update Proceeds to Drill Greenfield Porphyry Cu-Au-Mo Discovery at Thompson Knolls Project in Utah, USA
BCM Resources Corporation Financing Update
Proceeds to Drill Greenfield Porphyry Cu-Au-Mo Discovery at Thompson Knolls Project in Utah, USA
Vancouver, BC, March 18, 2021 - BCM Resources Corporation (TSX-V: B), announces the closing date of
the Non-Brokered private placement financing announced in a News Release January 19, 2021 has been
extended to March 28, 2021. The Placement is priced at $0.055 per unit. As noted in the January news
release, proceeds will be up to C$715,000 through the issuance of up to 13,000,000 units (“Units”)
priced at C$0.055 per Unit. Each Unit is comprised of one common share of the Company (a “Share”)
and one share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one
common share of the Company at a price of C$0.10 for two years from the date of issue.
About BCM Resources Corporation
BCM Resources Corporation is a diversified Canadian mineral exploration company now focused on
completing Phase 1 discovery drilling of the Thompson Knolls property, its key asset. BCM also controls
prospective Copper, Gold, and Molybdenum exploration projects in British Columbia. BCM Resources is
managed by experienced and successful board members and advisors. For further information, including
area maps, sections, and photos, please visit our web site at www.bcmresources.com or contact us by e-
mail at [email protected].
ON BEHALF OF BCM RESOURCES CORP.
“Dale McClanaghan”
President and Chief Executive Officer
For further information please contact:
Scott Steeds,
Telephone: 1 (604) 355-6659
www.bcmresources.com
Caution Concerning Forward-Looking Statements:
This news release and related texts and images on BCM Resource Corporation's website contain
certain “forward-looking statements” including, but not limited to, statements relating to interpretation
of mineralization potential, drilling and assay results, future exploration work, and the anticipated
results of this work. Forward-looking statements are statements that are not historical facts and are
subject to a variety of risks and uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements, including, without limitation: risks
related to fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the
planned work in a timely manner and on acceptable terms; changes in planned work resulting from
weather, logistical, technical, governmental, social, or other factors; the possibility that results of work
will not fulfill expectations and realize the perceived potential of the company’s projects; uncertainties
involved in the interpretation of sampling and drilling results and other tests; the possibility that
required permits and access agreements may not be obtained in a timely manner; risk of accidents,
equipment breakdowns or other unanticipated difficulties or interruptions, and; the possibility of cost
overruns or unanticipated expenses in these exploration programs.