PRIVATE PLACEMENT - TERMS AMENDED Due to robust demand, Bitterroot Resources Ltd.’s ( BTT, TSX-V) management has increased the size of its recently announced non-brokered private placement. The placement will consist of
BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel 604 922 1351
www.bitterrootresources.com
NEWS RELEASE
May 3, 2021
PRIVATE PLACEMENT - TERMS AMENDED
Due to robust demand, Bitterroot Resources Ltd.’s ( BTT, TSX-V) management has increased the
size of its recently announced non-brokered private placement. The placement will consist of
11,195,000 units priced at $0.10 per unit, comprising one common share and one half of a common
share purchase warrant exercisable at $0.20 for 2 years, for gross proceeds of approximately
$1,119,500. As previously disclosed, the proceeds will be used for drilling at the LM
nickel/copper/PGM property, exploration on the Company’s recently drill-permitted gold projects
in Nevada and for general working capital.
This news release does not constitute an offer or solicitation to sell any of these securities in the
United States. The securities will not be registered under the United States Securities Act of 1933,
as amended (“the US Securities Act”), or under any State securities laws. The securities may not
be offered or sold within the United States or to U.S. Persons unless registered under the U.S
Securities Act and applicable State securities laws, or unless an exemption from such registration
is available.
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 business 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 and 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.