OF AMERICA Pacific Empire Minerals Announces Closing of Second Tranche of Non-Brokered Private Placement of Units
Pacific Empire Minerals Corp. | Suite 501 - 543 Granville Street, Vancouver BC, Canada V6C 1X8
Telephone: 604-669-0660 Facsimile: 604-688-1157
LEGAL_1:68194334.2
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES
NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Pacific Empire Minerals Announces Closing of Second Tranche of Non-Brokered
Private Placement of Units
June 03, 2021 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF)
(“Pacific Empire”, “PEMC” or the “Company”), a copper explorer in British Columbia, announces that, further to
its April 22, 2021 news release, the Company has closed a second and final tranche (the “Second Tranche”) of the
oversubscribed non-brokered private placement (the “Offering”) for gross proceeds of $289,999.98. The aggregate
gross proceeds from the Second Tranche and the first tranche of the Offering were $1,266,553.86.
The Company issued 4,833,333 units at a price of $0.06 per unit (the “Units”) pursuant to the Second Tranche. In
total, the Company issued 21,109,231 Units at a price of $0.06 per Unit pursuant to the Offering.
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 24 months
from the closing of the Offering.
In connection with the Second Tranche, the Company paid finder’s fees to Haywood Securities Inc. consisting of
$20,300.00 in cash and issued 338,333 finder’s warrants (each, a “Finder’s Warrant”). Each Finder’s Warrant
entitles the holder to purchase one Common Share at a price of $0.10 per Common Share for a period of 24 months
from the issue date.
All securities are subject to a hold period that will expire o n October 3, 2021. Proceeds from the Offering will be
used for general working capital purposes and for exploration on the Company’s flagship Jean Marie property.
“We anticipate an exciting year ahead,” stated Pacific Empire’s President and CEO, Brad Peters . “I believe that
Pacific Empire is in a great spot, at the right time, with the right projects and a team positioned to take advantage
of a resurgent copper market.”
About Pacific Empire Minerals Corp.
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 per severance through one of the 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_1:68194334.2
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: proceeds from the Offering will be used for general working capital purposes and for exploration on the Company’s
flagship Jean Marie property, 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 differen t 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;
operational risks associated with mineral exploratio n; 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 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 undue certainty to forward-looking statements.