Bathurst Metals Announces Completion of Financing
BATHURST METALS CORP.
665 DOUGALL ROAD, GIBSONS, BC, V0N 1V8
WWW.BATHURSTMETALS.COM
February 25, 2021 PRESS RELEASE TSX-V: BMV
BATHURST METALS ANNOUNCES COMPLETION OF FINANCING
Vancouver, British Columbia (February 25, 2021) – Bathurst Metal Corp. ( BMV) (“Bathurst” or
the “ Company”) announces it has closed its previously announced private placement by the
issuance of 900,000 units (the “Units”) at a price of $0.11 per Unit for aggregate gross proceeds
of $99,000.00 (the “Offering”). Each Unit is comprised of one (1) common share and one (1)
common share purchase warrant, with each whole warrant entitling the holder to purchase one
additional common share at a price of $0.18 for one year from closing of the Offering.
The net proceeds of the private placement will be used for working capital.
The Units, common shares, share purchase warrants and shares issued upon exercise of the share
purchase warrants are subject to a four month hold period, expiring June 22, 2021.
On behalf of the Board of Directors
“Harold Forzley”
President / CEO
Bathurst Metals Corp.
For more information contact
Harold Forzley, President
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.