92 Resources Closes Over-Subscribed Financing
Suite 1400 – 1111 W. Georgia St.
Vancouver, BC, V6E 4M3
Tel: (778) 945 2950 Fax: (604) 689 8199
www.92resources.com
Trading Symbol: TSX.V: NTY
Frankfurt: R9G2 (WKN: A11575)
92 Resources Closes Over-Subscribed Financing
Vancouver, BC, February 24, 2017 – 92 Resources Corp. (the “Company”) (TSX.V: NTY)
(FSE: R9G2) is pleased to announce that it has closed an over-subscribed non-brokered private
placement financing (the “Private Placement”) for total gross proceeds of $895,199.96.
The Company has allotted and issued 7,460,000 units (the “NFT Units”) at a price of $0.10 per
Unit and 1,243,333 flow-through units (the “FT Units”) at the price of $0.12 per FT Unit. The
total gross hard dollars raised is $746,000 and the total gross flow -through dollars is
$149,199.96.
The NFT Units are comprised of one common share and one non-transferable share purchase
warrant, with each warrant entitling the holder to purchase one additional common share of the
Company for a period of up to two years at a price of $0.15.
The FT Units are comprised of one common share and one -half of one transferable share
purchase warrant, with each whole warrant entitling the holder to purchase one additional non-
flow through common share of the Company for a period of up to two years at a price of $0.15.
In addition, the Company has paid finder’s fees of an aggregate $21,000 and issued 35,000
finder’s warrants to registered dealers. Each finder’s warrant authorizes the holder to acquire
one common share of the Company for a period of two years at a price of $0.15.
The Company will use the proceeds of the Private Placement for qualified exploration
expenditures on the Company’s Canadian properties and general working capital. All securities
issued under the Private Placement are subject to a four-month and one-day hold period expiring
on June 25, 2017.
For further information, please contact Adrian Lamoureux, President & CEO at Tel: 778-945-
2950, E-mail: [email protected] or visit www.92resources.com.
On Behalf of the Board of Directors,
“ADRIAN LAMOUREUX”
2
Adrian Lamoureux, President & CEO
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 news release.
Forward Looking Statements:
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements
may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The
Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future
operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ
materially from those indicated in the forward-looking statements.