PRIVATE PLACEMENT - TERMS AMENDED Bitterroot Resources Ltd.’s ( BTT, TSX-V) management has amended the price of its previously announced non -brokered private placement s. The placement now consist s of 7,000,000 units priced at $0.05 per unit, consisting of one common share and one half of a common
BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel 604 922 1351
www.bitterrootresources.com
NEWS RELEASE
May 2, 2019
PRIVATE PLACEMENT - TERMS AMENDED
Bitterroot Resources Ltd.’s ( BTT, TSX-V) management has amended the price of its previously
announced non -brokered private placement s. The placement now consist s of 7,000,000 units
priced at $0.05 per unit, consisting of one common share and one half of a common share purchase
warrant exercisable at $0.11 for 2 years, for gross proceeds of approximately $350,000. Proceeds
will be used for working capital and a planned precious metals property acquisition in Nevada.
Concurrent with the unit financing, the Company’s management also plans to complete a non -
brokered private placement of 3,500,000 “BC Super-Flow Through” shares which are now priced
at $0.07, for gross proceeds of $245,000. Proceeds will be used mainly for drilling and geophysical
surveys on the Summit Zone carbonate replacement targets on the North B renda property in
southern British Columbia.
SUMMIT ZONE CARBONATE REPLACEMENT (CRD) TARGETS
The Summit Zone is a zinc, arsenic, molybdenum and silver-in-soil geochemical anomaly within
a 1.2 km x 0.5 km area underlain by folded Nicola Group carbonate-bearing sediments which are
cut by younger granitic intrusions and overlain by thin glacial till. The project area contains many
logging roads and cut blocks a nd is crossed by a major powerline, as well as Highway 97C.
Geophysical survey ing and d rilling of the Summit Zone is planned for the summer of 2019 ,
following consultation with the Westbank First Nation and BC Ministry of Energy, Mines and
Petroleum Resources. Additional information on the Summit Zone CRD targets can be found in
the slide presentation posted on the Company’s website, www.bitterrootresources.com.
The Qualified Person, as defined in NI 43-101, responsible for the technical content of this news
release is Jeffrey D. Rowe, P.Geo.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future
events and/or financial results that are forward -looking in nature and as a result, are subject to certain risks and
uncertainties, such as general economic, market and busi ness conditions, regulatory processes and actions, technical
issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans,
the occurrence of unexpected events and the company’s ability to execute an d implement its future plans. Actual
results may differ materially from those projected by management. For such statements, we claim the safe harbour for
forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995 .