OF AMERICA Pacific Empire Minerals Announces $260,000 Non-Brokered Private Placement of Units
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NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES
NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Pacific Empire Minerals Announces $260,000 Non-Brokered
Private Placement of Units
May 14, 2020 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF)
(“Pacific Empire”, “PEMC” or the “Company”), a hybrid prospect generator, announces that the Company intends
to issue, pursuant to a non-brokered private placement, 5,200,000 units at a price of $0.05 per unit (the “Units”) for
gross proceeds of $260,000 (the “Offering”). Closing of the Offering is expected to occur on or before May 31,
2020 and is subject to all necessary approvals, including the approval of the TSX Venture Exchange.
Each Unit will consist of one common share in the capital of the Company ( “Common Share”) and one Common
Share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire one Common Share (“Warrant
Share”) at an exercise price of $0.10 per Warrant Share until 5:00 pm (Pacific Time) on the date that is 36 months
from the closing of the Offering.
Proceeds from the Offering will be used for general working capital purposes and for exploration on the Worldstock
property.
About Pacific Empire Minerals Corp.
PEMC is an exploration company based in Vancouver, British Columbia, that employs a "hybrid prospect
generator" business model and trades on the TSX Venture Exchange under the symbol PEMC. The
Company’s strong portfolio of gold-enriched copper projects is a result of continuous generative work
conducted since the Company’s inception in 2012.
By integrating the project generator business model with low -cost reverse circulation drilling, the
Company advances its portfolio by rapidly identifying, and focusing on, the highest quality projects for
partnerships and advancement.
ON BEHALF OF THE BOARD,
“Brad Peters”
President and Chief Executive Officer
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
www.pemcorp.ca
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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 oft en 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, 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 add itional financing; operational risks
associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and
insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters 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 a nd 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 agai nst
attributing undue certainty to forward-looking statements.