Saville Resources Inc. Closes $857,300 Private Placement
Saville Resources Inc.
Suite 1450 – 789 West Pender Street
Vancouver, B.C. V6C 1H2
Phone: 604-681-1568
Fax: 604-681-8240
SAVILLE RESOURCES INC. CLOSES $857,300 PRIVATE PLACEMENT
July 14, 2017 – Vancouver, BC: Saville Resources Inc. (TSXv: SRE) ("Saville" or the "Company") is
pleased to report that it has closed the announced non-brokered private placement for gross
proceeds of $857,300.
Pursuant to the offering, Saville issued 14,288,333 units (a “Unit”) at a price of $0.06 per Unit for
aggregate gross proceeds of $857,300. Each Unit consists of one common share of the company
and one share purchase warrant exercisable into one common share at an exercise price of $0.10
for a period of 24 months. These Units will be subject to a four month and one day statutory hold
period. These Units will become exercisable on November 8 th 2017.
In connection with the Private Placement, the Company paid an aggregate of $16,656 in cash
commissions to three finders, equal to 8% of the gross proceeds received from investors
introduced to the Company by those finders.
ON BEHALF OF THE BOARD
SAVILLE RESOURCES INC.
“Steven Chen”
President and CEO
Tel: 604.681.1568
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.