Durango Announces Closing of Second Tranche of Private Placement
DURANGO RESOURCES INC.
Suite 248 – 515 W. Pender Street
Vancouver, BC V6B 6H5
TSX-V Trading Symbol: DGO
Frankfurt: 86A1 / OTC Grey: ATOXF
DURANGO ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT
Vancouver, BC / TheNewswire / June 9, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-
86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it has completed the second
tranche of a non-brokered private placement, details of which can be found in the press releases
dated June 6 and June 8, 2017.
The second tranche is composed of 1,066,667 units at a price of $0.06 per unit for gross proceeds
of $64,000 . Combined with th e closing of the first tranche, Durango has raised a total of
$233,409.
Certain directors and officers of Durango participated in the financing and have acquired a
combined aggregate from both tranches of 1,0 35,000 units for cumulative gross proceeds of
$62,100.
The proceed s raised through the financing will be used to advance the limestone project in
northern BC and for general working capital.
Closing of tranches is subject to the receipt of regulatory approvals, including final acceptance by
the TSX Venture Exchange. The four month hold period for all shares issued under the second
tranche will expire on October 10, 2017, in accordance with Canadian Securities Laws.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral
properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone
properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi
Region of Qué bec, and the NMX East lithium property near the Whabouchi mine and the
Buckshot graphite property near the Miller Mine in Québec, the Whitney Northwest property
near the Lake Shore Gold and Goldcorp joint venture in Ontario.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Facsimile: 888.266.3983
Email: [email protected]
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward -looking information based on current
expectations, including, but not limited to the exploration of its properties, completion of the
Financing and the impact on the Company of these events. Forward -looking information is
subject to significant risks and uncertainties, as actual results may differ materially from
forecasted results. Forward-looking information is provided as of the date hereof and we assume
no responsibility to update or revise them to reflect new events or circumstances. For a detailed
list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed
on its SEDAR profile at www.sedar.com.
Neither 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.