Bam Bam Resources Closes over-Subscribed $3.2 Million Private Placement
NEWS RELEASE
BAM BAM RESOURCES CLOSES OVER -SUB SCRIBED $3.2 MILLION PRIVATE PLACEMENT
VANCOUVER, BC — December 28, 2021— Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB)
(“Bam Bam” or the “Company”) is pleased to announce it has closed a n over-subscribed non-brokered
private placement financing for total gross proceeds of $3,262,099.75 (the “Placement”).
The Company has allotted and issued 50,186,150 units (the “Units”) at a price of $0.0 65 per Unit. Each
Unit is comprised of one common share and one transferable warrant (“ Warrant”). Each Warrant will
entitle the holder to purchase one additional common share for a period of thirty-six (36) months at a
price of $0.09 per share, subject to accelerated expiry.
In the event that the Company's common shares trade at a closing price at or greater than $ 0.125 per
share for a period of five (5) consecutive trading days, the Company may accelerate the expiry date of the
warrants by giving notice to the holders thereof, a nd in such case, the warrants will expire on the 30th
day after the date on which such notice is given by the Company.
In relation to the Placement, the Company has paid finder’s fees of $15,892.50 to an arm’s-length party,
The Company will use the proceeds from the Placement towards exploration on its Majuba Hill Property
and general working capital . All securities issued are subject to a four -month-and-one-day hold period
expiring on April 25, 2022.
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) is engaged in the identification, review
and acquisition of latte r stage copper and copper/silver/gold assets. This is in direct response to the
growing worldwide demand and lack of supply for precious metals fueled by the Green New Deal in the
US and most other developed nations with similar programs aimed at addressin g climate change. Such
programs are heavily reliant on silver, gold and especially copper to produce Electric Vehicles and other
renewable power sources, as well as building infrastructure to provide clean and affordable electricity.
The flagship project is the Majuba Hill copper, silver and gold District located 156 miles outside Reno,
Nevada, USA. Management has been mandated to focus on safe, mining friendly jurisdictions where
government regulations are supportive of mining operations.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.