Bathurst Increases Financing, Confirms Extension of Warrant Expiry Date
October 14, 2021 PRESS RELEASE TSX-V: BMV
Bathurst Increases Financing, Confirms Extension of Warrant Expiry Date
Vancouver, British Columbia (October 14, 2021) – Bathurst Metals Corp. (TSXV: BMV)
(“Bathurst” or the “Company”) today announced that due to strong demand, it has increased
its previously announced non-brokered private placement from 3,000,000 units to 4,000,000
units at a price of $0.10 per unit (the “ Placement”). The aggregate gross proceeds of the
offering are expected to be up to $400,000.00 instead of the originally planned $300,000.00.
Finders fees are payable on a portion of the Placement.
In all other respects, the terms of the Placement will be as announced on October 5, 2020.
Completion of the Placement is subject to the approval of the TSX Venture Exchange.
The Company also announces TSX Venture Exchange approval of the one year extension
of the expiry date of 8,210,000 share purchase warrants issued by the Company, from
October 20, 2021 to October 20, 2022.
On behalf of the Board of Directors
“Harold Forzley”
CEO
Bathurst Metals Corp.
For more information contact Harold Forzley, CEO
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking Statements
Certain of the statements made and information contained herein may contain forward-
looking information within the meaning of applicable Canadian securities laws. Forward-
looking information includes, but is not limited to, information concerning the Company’s
intentions with respect to the development of its mineral properties. Forward-looking
information is based on the views, opinions, intentions and estimates of management at the
date the information is made, and is based on a number of assumptions and subject to a
variety of risks and uncertainties and other factors that could cause actual events or results
to differ materially from those anticipated or projected in the forward-looking information
(including the actions of other parties who have agreed to do certain things and the approval
of certain regulatory bodies). Many of these assumptions are based on factors and events
that are not within the control of the Company and there is no assurance they will prove to
be correct. There can be no assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ materially from those anticipated
in such information. The Company undertakes no obligation to update forward-looking
information if circumstances or management’s estimates or opinions should change except
as required by applicable securities laws, or to comment on analyses, expectations or
statements made by third parties in respect of the Company, its financial or operating results
or its securities. The reader is cautioned not to place undue reliance on forward-looking
information.
BATHURST METALS CORP.
665 DOUGALL ROAD, GIBSONS BC
WWW.BATHURSTMETALS.COM