Bam Bam Resources Corp. Announces Private Placement
NEWS RELEASE
BAM BAM RESOURCES CORP. ANNOUNCES PRIVATE PLACEMENT
VANCOUVER—January 17, 2020— Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF /
FSE: 4NPA) (“Bam Bam” or the “Company”) is pleased to announce a non- brokered private
placement of up to $1,000,000 (the “Placement”).
The Company will issue up to 20,000,000 units at a purchase price of $0.05 per unit. Each unit
will consist of common share of the Company and one transferrable share purchase
warrant. Each warrant will entitle the holder to acquire one additional common share at an
exercise price of $0.20 for a period of 18 months from the closing date , subject to accelerated
expiry.
In the event that the Company's common shares trade at a closing price at or greater than $0.45
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 (hereafter referred to as the forced conversion feature) on
which such notice is given by the Company.
The Company will use the proceeds from the Placement towards general working capital. Finder’s
fees may be payable in accordance with the policies of the Canadian Securities Exchange. There
will be a hold period of four months and one day on all securities issued under the Placement.
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 regulati ons
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.