TD Canada Trust Tower
TD Canada Trust Tower 161 Bay St., 27th Floor Toronto, ON. M5J 2S1 Tel : 888 909-5548 Fax : 888 909-1033
TSX Venture SYMBOL: BRR (www.brrgold.com)
Britannica Arranges Financing
May 31, 2013, Britannica Resources Corp. (BRR – TSX Venture) (The “Company”) is pleased to announce that, subject to regulatory approval, it is arranging a non-brokered private placement for aggregate gross proceeds of up to $750,000 (the "Private Placement") through the issuance of 15 million units at a price of $0.05 per unit.
Each unit will consist of one common share and one warrant. Each warrant entitles the holder to acquire one common share of the Company at a price of $0.10 per common share for a period of 24 months following the date of issuance. The Company will also pay a finder’s fee in accordance with the policies of the TSX Venture Exchange.
Proceeds of the private placement will be used for work on the Company’s Days Chapel Project and for general working capital.
The Private Placement is subject to TSX Venture Exchange acceptance.
ON BEHALF OF THE BOARD
“Jeffrey Cocks”
Jeffrey Cocks
President
FOR FURTHER INFORMATION PLEASE CONTACT: Britannica Resources Corp.
(TEL)- (888) 909-5548, (FAX)-(888) 909-1033 Email: [email protected] Website: www.brrgold.com
Neither the 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.