Vancouver British Columbia
88 CAPITAL CORP.
SUITE 800 – 1199 WEST HASTINGS STREET VANCOUVER BRITISH COLUMBIA V6E 3T5
NEWS RELEASE
88 CAPITAL CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C. April 8, 2016 - 88 Capital Corp. (TSX.V: EEC) (the "Company") The Company intends to raise up to $100,000 by way of a non-brokered private placement of 6,666,666 common shares of the Company at a price of $0.015 per share pursuant to a discretionary waiver of the five-cent minimum pricing requirement granted by the TSX Venture Exchange.
The proceeds of the Private Placement are for the Company’s geological work program, professional fees, and working capital.
Shares issued pursuant to this private placement are subject to a four-month hold period from the closing date in accordance with applicable securities laws and, if required, the policies of the exchange. Completion of the private placement is subject to the approval of the TSXV.
88 CAPITAL CORP.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.