Redzone Resources Ltd. Announces Increase in Private Placement
Legal*43232924.1
Redzone Resources Ltd. Announces Increase in Private Placement
FOR IMMEDIATE RELEASE
April 24, 2017: Redzone Resources Ltd. ("Redzone" or the "Company") (TSXV:REZ) is pleased
to announce that it has increased its previously announced non-brokered private placement (the
“Offering”) pursuant to which it now proposes to issue up to 4,375,000 units (“Units”) at a price
of $0.16 per Unit to raise aggregate gross proceeds of up to approximately $700,000. Each
Unit will be comprised of one Common Share and one-half of one share purchase warrant, with
each whole share purchase warrant entitling the holder to acquire one additional Common
Share at an exercise price of $0.24 for a period of two years, subject to acceleration in certain
circumstances. All other terms of the Offering remain the same as set out in the press release
of Redzone dated April 10, 2017, available on SEDAR at www.sedar.com.
For further information please contact:
Redzone Resources Ltd.
Michael Murphy
President and Chief Executive Officer
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V)
accepts responsibility for the adequacy or accuracy of this news release.
Forward Looking Statements – Certain information se t forth in this news release may contain forward-
looking statements that involve substantial known a nd unknown risks and uncertainties. These forward-
looking statements are subject to numerous risks and uncertainties, certai n of which are beyond the
control of Redzone, including, but not limited to dependence upon regulatory approvals, and the
availability of financing. Readers ar e cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may prove to be imprecise and,
as such, undue reliance should not be placed on forward-looking statements.