Sulliden Mining Capital Inc. Closes Private Placement
Sulliden Mining Capital Inc. Closes Private Placement
NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES
May 17, 2017
Toronto, Ontario
Sulliden Mining Capital Inc. (TSX: SMC) has closed its non-brokered private placement financing for
gross proceeds of $1,150,000 through the sale of 4,600,000 units at $0.25 per unit. Each unit is
comprised of one common share and one share purchase warrant, which is exercisable at $0.35 for a
period of two years.
Sulliden intends to use the proceeds for the advancement of the Trolius Gold project, further
investment opportunities and general working capital purposes.
About Sulliden Mining Capital
Sulliden Mining Capital is a venture capital company focused on acquiring and advancing brownfield,
development-stage and early production-stage mining projects in the Americas.
Sulliden Mining Capital Inc.
On behalf of the Board
“Justin Reid”
Chief Executive Officer
For more information:
Caroline Arsenault
Investor Relations Manager
+1 (416) 861-5805
Cautionary statement regarding forward-looking information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without limitation, the proposed use of proceeds and the size of the
financing. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of the Company to be materially different from
those expressed or implied by such forward-looking information, including risks inherent in the mining industry and risks
described in the public disclosure of the Company which is available under the profile of the Company on SEDAR at
www.sedar.com and on the Company's website at www.belosun.com. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
information. The Company does not undertake to update any forward-looking information, except in accordance with
applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and 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 an exemption
from such registration is available.