OF AMERICA Pacific Empire Arranges $900,000 Unit Financing
Pacific Empire Minerals Corp. | Suite 501 - 543 Granville Street, Vancouver BC, Canada V6C 1X8
Telephone: 604-669-0660 Facsimile: 604-688-1157
LEGAL_1:67361883.2
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES
NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Pacific Empire Arranges $900,000 Unit Financing
April 22, 2021 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF)
(“Pacific Empire”, “PEMC” or the “Company”), a British Columbia copper explorer, announces that it intends to
issue, pursuant to a non-brokered private placement, up to 15,000,000 units at $0.06 per unit (the “Units”) for gross
proceeds of $900,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company
("Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder
to acquire one Common Share (each, a "Warrant Share") at an exercise price of $0.10 per Warrant Share until 5:00
pm (Pacific Standard time) on that date that is 24 months from the issuance closing date (the "Expiry Time").
The funds will be used for exploration on its flagship Jean Marie copper -gold project and for general working
purposes.
Closing of the Offering is expected to occur on or around April 30, 2021 and is subject to all necessary approvals,
including the approval of the TSX Venture Exchange.
The Company is also pleased to announce that it has expanded the land position at its Jean Marie project to 10,787
hectares. An additional 2,620 hectares was staked to extend the northern portion of the property to cover a favorable
structural architecture where the Company identified attractive geochemical signatures.
Qualified Person
Thomas Hawkins, P.Geo., Vice President of Exploration for the Company, serves as a qualified person as defined
by NI 43-101 and has reviewed the scientific and technical information in this news release, approving the
disclosure herein.
About Pacific Empire
Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on the TSX
Venture Exchange under the symbol PEMC. The Company’s strong portfolio of gold-enriched copper projects in
British Columbia, is the culmination of perseverance through one of th e longest bear markets in the resource
industry.
British Columbia is a “Green” copper jurisdiction with abundant hydroelectric power, access and infrastructure in
close proximity to the end market.
Pacific Empire Minerals Corp. | Suite 501 - 543 Granville Street, Vancouver BC, Canada V6C 1X8
Telephone: 604-669-0660 Facsimile: 604-688-1157
LEGAL_1:67361883.2
ON BEHALF OF THE BOARD,
“Brad Peters”
President and Chief Executive Officer
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
www.pemcorp.ca
Neither the 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.
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-
looking statements are statements that relate to future, not past, events. In this context, forward -looking statements often
address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without
limitation: closing of the Offering is expected to occur on or around April 30, 2021, the funds will be used for exploration on
its flagship Jean Marie copper-gold project and for general working purposes, are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual
results, performance or achievements, or other future events, to be materially different from any future results, performance
or achievements expressed or implied by such forward -looking statements. Such factors include, among others, the following
risks: the need for additional financing; op erational risks associated with mineral exploration; fluctuations in commodity
prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts o f
interest among certain officers, directors or prom oters with certain other projects; the absence of dividends; competition;
dilution; the volatility of our common share price and volume and the additional risks identified the management discussion
and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture
Exchange and applicable Canadian securities regulations. Forward -looking statements are made based on management's
beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update
forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required
by applicable securities laws. Investors are cautioned against attributing undu e certainty to forward-looking statements.