Nortec Minerals announces Closing of the Second Tranche of the Private Placement
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, Canada
Phone: +1 604-717-6426
Tammela Minerals Oy
c/o Kalliolaw Asianajotoimisto Oy
Eteläranta 12,
FI-00130 Helsinki, Finland
Phone: +358 9 6812 930
Nortec Minerals announces Closing of the Second Tranche of the Private Placement
Vancouver, BC / TNW – Accesswire / December 15, 2017 – NORTEC MINERALS CORP . (the
“Company” or “Nortec” ) (TSXV: NVT) – Further to Nortec’s press releases dated October 5, and
November 13, 2017 announcing both the closing of the first tranche of 5,735,000 shares for gross
proceeds of $430,125 and the extension of the second tranche, the Company announces the closing of
the second tranche of the Private Placement. The Company will issue 2,033,000 common shares for
proceeds of $152,475.
Nortec announced the Private Placement of 7,500,000 common shares at a price of $0.075 per share on
September 2, 2017.
The Shares will be distributed to purchasers in accordance with the rule s and regulations of the
Securities Act and TSX Venture Exchange policies which includes 4 (four) month hold period from the
date of issuance. A finder's fee is payable on portions of the Placement also in accordance with TSX
Venture policies.
The proceeds of the Placement will be used to continue the exploration and drilling of the Tomboko
Gold Project located in gold -rich Siguiri Basin, Northeastern Guinea, West Africa . Four core drill
holes were completed to date on Tom 1 North Target. Nortec is amending and updating the NI -43-101
Technical Report on review and comments by TSX Venture Exchange. The Report was filed on SEDAR
on November 8, 2017.
About Nortec Minerals Corp.
Nortec is a mineral exploration and development company based in Vancouver, British Columbia. The
Company has a 49% interest in the Tammela Gold & Lithium Project in South -West Finland.
Sunstone Metals (formerly Avalon Minerals), a public Australian mining company has earned the 51%
interest and is carrying out the 29% Stage 2 ea rn-in interest on the Tammela Project. Sunstone has
completed more than 3,000 meters diamond drilling on the Kietyonmaki lithium prospect and the
Satulinmaki and Riukka prospects that comprise the Tammela Project. Detailed information on the
Company’s projects have been posted on the Company’s website www.nortecminerals.com.
On behalf of the Board of Directors,
NORTEC MINERALS CORP.
“Mohan R. Vulimiri”
Mohan R. Vulimiri, CEO and Chairman
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of
this news release.
This press release contains certain forward looking statements which involve known and unknown risks, delays and
uncertainties not under t he Company’ s control which may cause actual results, performances or achievements of the
Company to be materially different from the results, performances or expectations implied by these forward looking
statements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States.