Bam Bam Resources Announces Private Placement
NEWS RELEASE
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
DISTRIBUTION TO U.S. WIRE SERVICES
BAM BAM RESOURCES ANNOUNCES PRIVATE PLACEMENT
VANCOUVER, BC — August 27, 2021— Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF
/ FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to announce a non-brokered private
placement of up to $1,900,000 (the “Placement”).
The Company will issue up to 20,000,000 units at a purchase price of $0.095 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 $0.125 for a period of 24 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 $0.15
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 in such case, the warrants will
expire on the 30th day after the date on which such notice is given by the Company.
The Company will use the proceeds from the Placement towards exploration on its Majuba Hill
Property and 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: 4NPB) is engaged in the
identification, review and acquisition of latter 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 addressing climate change. Such programs
are heavily reliant on silver, gold and especially copper to produce Electric Vehicles
and other renewable power sources, as well a s 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
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are
statements that are not historical facts and are generally, but not always, identified by the words “expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "wo uld",
"may", "could" or "should" occur. Although Bam Bam Resources Corp. believes the expectations expressed in such forward -
looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual
results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs,
estimates and opinions of Bam Bam Resources Corp. management on the date the statements are made. Except as required by
law, Bam Bam Resources Corp. undertakes no obligation to update these forward -looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.
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