Omineca Mining and Metals Closes Expanded $550,000 Financing
Omineca Mining and Metals Closes Expanded $550,000 Financing
Not for distribution to United States newswire services or for dissemination in the United
States.
Saskatoon, SK. April 18, 2019 – Omineca Mining and Metals Ltd. (TSXV: OMM) (“Omineca”
or the “Company”) has closed its non-brokered private placement announced on March 14, 2019
and increased on April 11, 2019, for gross proceeds of $550,000.
At the first and final closing, Omineca issued 11,000,000 units at a price of $0.05 per unit. Each
unit consists of one common share in the capital of the Company and one common share purchase
warrant. Each warrant entitles the holder to acquire one commo n share at a price of $0.10 for a
period of 24 months. The securities issued under this private p lacement are subject to a statutory
four-month hold period, ending August 18, 2019.
The financing proceeds will be used toward the transaction cost s for the bulk sampling program
announced on March 1, 2019, development and planning of the 201 9 hard-rock exploration
program and for general working capital purposes.
Pursuant to available related party exemptions under Multilateral Instrument 61-101 Protection of
Minority Security Holders in Spec ial Transactions, insiders of the company subscribed for
3,152,000 units. Cash finder’ s fees were paid on the proceeds from the closing in the amount of
$400.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd. controls a 100% interest in the Wingdam Project through its
wholly owned subsidiary CVG Mining Ltd. The 2700 ha Wingdam Project is located 45 km east
of Quesnel B.C. on the Barkerville highway. The property inclu des both placer and hard-rock
tenures along the Lightning Creek valley, where topographic conditions created a thick overburden
which preserved a large portion of the channel from conventional surface placer mining activity.
For further information, please contact:
Tom MacNeill
President and CEO
306-653-2692
This news release does not constitute an offer to sell, or the solicitation of an offer to buy securities
in any jurisdiction in which such offer or solic itation would be unlawful pr ior to registration or
qualification under the securities laws of such jurisdiction.
The securities offered under the offering have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state
of the United States, and may not be offered or sold in the United St ates or to, or for the account
or benefit of, any U.S. Person (as defined in Regulation S of the Securities Act) or a person in the
United States, unless an exemption from such registration requirements is available.
Forward Looking Statements
This release includes forward-looking statements reg arding Omineca and its business. Such statements
are based on the current expectations and views of future events of Omineca’s management. In some cases,
the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”,
“plan”, “anticipate”, “intend”, “potential”, “estimate” , “believe” or the negative of these terms, or other
similar expressions intended to identify forward-lo oking statements. The forward-looking events and
circumstances discussed in this release may not occur and could differ materially as a result of the failure
to consummate the project financing, the economic feasibility of the Wingdam Project, known and unknown
risk factors and uncertainties affecting Omineca, including risks regarding the resource industry, economic
factors and the equity markets generally and many ot her factors beyond the control of Omineca. No
forward-looking statement can be guaranteed. Forw ard-looking statements and information by their
nature are based on assumptions and involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or in dustry results, to be materially
different from any future results, performance or ac hievements expressed or implied by such forward-
looking statement or information. Accordingly, readers should not place undue reliance on any forward-
looking statements or information. Forward-looking statements speak only as of the date on which they
are made and Omineca undertakes no obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events, or otherwise, except as required by
applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Servi ces Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.