Ism Resources Inc. Announces Private Placement and Agreement Details
ISM RESOURCES CORP.
306 - 1110 Hamilton Street, Vancouver, British Columbia, V6B 2S2
Telephone: (800) 274-8143 and E-mail: [email protected]
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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 RESOURCES INC. ANNOUNCES PRIVATE PLACEMENT AND AGREEMENT DETAILS
Vancouver, B.C., Canada, June 22, 2023 – ISM Resources Corp. (CSE: ISM) (OTC: ISMR F)
(FRA: Q3Q0) (the “Company” or “ISM”), is pleased to announce each of a non-brokered private
placement of up to $1,0 00,000 (the “ Private Placement ”) and certain follow -on information
respecting certain recently entered into material agreements.
Private Placement
The Private Placement will consist of the issuance of up to 3,333,333 units (each, a “Unit), at a
price of $0.30 per Unit, for gross proceeds of up to $1,000,000. Each Unit will be comprised of
one common share in the capital of the Company (each, a “Share”) and one share purchase warrant
(each, an “Unit Warrant”). Each Unit Warrant will entitle the holder thereof to purchase one
additional Share ( each, an “Unit Warrant Share”) for a period of 24 months from the closing
date at an exercise price of $0.60 per Unit Warrant Share.
Proceeds from the Private Placement will be used for work programs on the Company’s properties,
and for general corporate and working capital purposes.
The Company may pay a finder’s fee on the Private Placement within the maximum amount
permitted by the policies of the Canadian Securities E xchange (the “CSE”). The Company may
complete multiple closings of the Private Placement, as subscriptions are received. Each closing
is subject to a number of conditions, including receipt of all necessary corporate and regulatory
approvals.
Material Agreement Details
Further to the Company’s news releases of each of June 13 and June 14, 2023, and at the request
of the CSE, the Company is now pleased to provide the following additional information with
respect to its recent consulting and marketing agreements with each of Zimtu Capital Corp.,
Invictus Relations Inc. and Rumble Strip Media Incorporated.
In this respect the Company is informed and confirms that Colton Griffith of Zimtu Capital Corp.,
located at 1450 - 789 Pender Street, Vancouver, British Columbia , V6C 1H2, will be pro viding
market awareness activities in this instance and that he is at arm’s length to the Company. He can
be reached at [email protected].
ISM RESOURCES CORP.
306 - 1110 Hamilton Street, Vancouver, British Columbia, V6B 2S2
Telephone: (800) 274-8143 and E-mail: [email protected]
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In this respect the Company is also informed and confirms that Walter Spagnuolo, of Invictus
Investor Relations Inc., located at 801-535 Thurlow St reet, Vancouver, British Columbia V6E
3L2, will be providing the investor relations activities in this instance and that he is arm’s length
to the Company. Mr. Spagnuolo can be reached at [email protected], (800) 274-8143.
In this respect the Company is further informed and confirms that Geordie Skye Lee, of Rumble
Strip Media Incorporated, located at Unit 893, 250 - 997 Seymour St reet, Vancouver, British
Columbia, V6B 3M1, will be providing market awareness activities in this instance and that he is
arm’s length to the Company. He can be reached at [email protected].
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, 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 he rein 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 forward‐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
ISM RESOURCES CORP.
306 - 1110 Hamilton Street, Vancouver, British Columbia, V6B 2S2
Telephone: (800) 274-8143 and E-mail: [email protected]
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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.