Ism Announces Closing of Non-Brokered Private Placement
ISM RESOURCES CORP.
306 - 1110 Hamilton Street, Vancouver, British Columbia, V6B 2S2
Telephone: (800) 274-8143 and E-mail: [email protected]
LEGAL_41936727.1
1
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to
comply with this restriction may constitute a violation of U.S. Securities laws.
PRESS RELEASE
ISM ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C., Canada, July 31, 2023 – ISM Resources Corp. (CSE: ISM) (OTC: ISMR F)
(FRA: Q3Q0) (the “ Company” or “ISM”), pleased to announce that it has closed its previously
announced non-brokered private placement (the “Offering”). The Offering consisted of 3,333,365
units of the Company (the “ Units”) at $0. 30 per Unit for aggregate gross proceeds of
$1,000,009.80.
Each Unit consists of one common share in the capital of the Company (each, a “Share”) and one
common share purchase warrant (each, a “Warrant ”). Each War rant entitles the holder thereof
to acquire one additional share (each, a “ Warrant Share”), at an exercise price of $0. 60 per
Warrant Share until July 31, 2025.
Proceeds from the Offering will be used for work programs on the Company’s properties and for
general corporate and working capital purposes.
The securities issued pursuant to the Offering are subject to a four -month hold period ending on
December 1, 2023 under applicable Canadian securities laws.
About ISM Resources Corp.
ISM Resources Corp. is a Canadian exploration company focused on advancing mineral resource
projects in North America. It expects to acquire and hold promising assets in northern Quebec,
including the Serindac Lake and Vaubert Lake Claim s. Additionally, the Company is actively
advancing its ESN Project for gold exploration in Nevada and evaluating the Koster Dam Project
in Central British Columbia through a joint venture with Cariboo Rose Resources.
On behalf of the Board of Directors of ISM,
Michael Gheyle, President and Chief Executive Officer
ISM would like to welcome investors to visit our website and join our mailing list,
www.ismresources.com. By signing up, you will stay up to date on the latest news releases and
advancements within our company.
For further information, please contact:
ISM RESOURCES CORP.
306 - 1110 Hamilton Street, Vancouver, British Columbia, V6B 2S2
Telephone: (800) 274-8143 and E-mail: [email protected]
LEGAL_41936727.1
2
ISM Resources Corp.
306 - 1110 Hamilton Street, Vancouver, British Columbia, Canada, V6B 2S2
Telephone: (800) 274-8143; Email: [email protected]
www.ismresources.com
The CSE has not in any way passed upon the merits of the matters referenced herein and has
neither approved nor disapproved the contents of this news release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is
often, but not always, identified by the use of words such as “ anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”,
“should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking informati on.
The Company’s actual results could differ materially from those anticipated in this for ward‐looking information as a result of
regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions,
changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The
Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given
that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any
forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof and is
subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking
information whether as a result of new information, future events or otherwise, except as required by applicable securities
legislation.