Bam Bam Resources Closes Private Placement
NEWS RELEASE
BAM BAM RESOURCES CLOSES PRIVATE PLACEMENT
VANCOUVER, BC — September 14, 2020— Bam Bam Resources Corp. (CSE: BBR / OTC:
NPEZD / FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to announce it has closed an
over-subscribed non-brokered private placement financing for total gross proceeds of $1,975,000
(the “Private Placement”).
The Company has allotted and issued 9,87 5,000 units (the “Units”) at a price of $0.20 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 $0.25 per share, subject to accelerated expiry.
In the event that the Company's common shares trade at a closing price at or greater than $0.50
per share for a period of 10 consecutive trading days, the Company may accelerate the expiry
date of the warrants by giving notice to the holders thereof, and i n 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 Private Placement , the Company has paid finder’s fees of $7,200 and issued
36,000 finder’s warrants to an arm’s -length party, with each finder’s warrant exercisable into a
common share at a price of $0.25 per share, subject to the same accelerated expiry as above.
The Company will use the proceeds from the Private Placement towards exploring its Majuba Hill
Property and general working capital. All securities issued are subject to a four-month-and-one-
day hold period expiring on January 15, 2021.
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NP A) is engaged in the
identification, review and acquisition of latter stage copper and copper/gold assets. Management
has been mandated to focus on safe, mining friendly jurisdictions and government regulations
supportive of mining operations.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
President & CEO
Corporate Office
310-221 West Esplanade
North Vancouver, BC
V7M 3J3
For further information, please contact:
P: (604) 318-0114
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.
This news release may contain forward-looking statements based on assumptions and
judgments of management regarding future events or results. Such statements 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. The Company disclaims any intention or
obligation to revise or update such statements.