Astorius Announces Non-Brokered Private Placement
TSX Venture Exchange: ASQ.V
Frankfurt: 47 A.F
FOR IMMEDIATE RELEASE
ASTORIUS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C. (October 28, 2019) Astorius Resources Ltd. (TSX -V:ASQ) (“Astorius” or the “Company”)
is pleased to announce that it intends to proceed with a private placement to raise up to $ 506,250 by
selling up to a maximum of 7,500,000 units at a price of $0.0675 per unit. Each unit sold will contain one
(1) common share and one (1) transferrable share purchase warrant. Each warrant will be exercisable at
a price of $0. 09 for a period of five (5) years from the date of issuance. A Price Reservation Form was
submitted to the TSX Venture Exchange for this placement on October 4, 2019.
Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate
and regulatory approvals, including approval of the TSX Venture Exchange. All securities issued in
connection with the offering will be subject to a statutory hold period of four months plus a day from the
date of issuance, in accordance with applicable securities legislation.
About Astorius
Astorius Resources Ltd. ( www.astoriusresources.com) is currently engaged in the business of mineral
exploration for the purpose of acquiring and advancing mineral properties located in North and South
America.
For further information please contact:
Arthur Brown, President & Director (604) 685-7720
www.astoriusresources.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Vent ure
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This news release contains "forward -looking statements," Statements in this press release which are not purely historical are
forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding th e future,
including but not limited to, statements regarding the drilling on the Rainbow Canyon Property.
Actual results could differ from those projected in any forward -looking statements due to numerous factors. Such factors include,
among others, the in herent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on
acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward -
looking statements are made as of the date of this news release, and we assume no obligation to update the forward -looking
statements, or to update the reasons why actual results could differ from those projected in the forward -looking statements.
Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be
no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.