Confederation Minerals Ltd. Closes Non-Brokered Private Placement
CONFEDERATION MINERALS LTD.
Suite 1980, 1075 West Georgia Street,
Vancouver, British Columbia, V6E 3C9
Tel: 604 688 9588; Fax: 778 329 9361
March 28, 2018 TSX-V Symbol: CFM
Confederation Minerals Ltd. Closes Non-Brokered Private Placement
Vancouver, British Columbia, Canada, Confederation Minerals Ltd. (TSX-V: CFM) (“ Confederation” or the
“Company”) is pleased to announce that it has closed its previously announced non-brokered private placement
(the “Financing”). The Financing raised gross proceeds of $809,200 by the issuance of 2,247,777 units (each a
“Unit”) at a price of $0.36 per Unit. Each Unit consists of one common share and one share purchase warrant
(each a “Warrant”), and each Warrant entitles the holder thereof to purchase one additional common share of the
Company at a price of $0.55 per share for a period of 24 months from the closing date.
In respect of Financing, the Company paid cash finder’s fees of $30,184 and issued 83,844 finder’s warrants (the
“Finder’s Warrants”). Apart from being non-transferable, the Finder’s Warrants are subject to the same terms as
the Warrants.
All of the securities issued are subject to a statutory hold period expiring July 29, 2018.
The Company intends to use the net proceeds from the Financing primarily to explore the Newman Todd project
and for general working capital purposes.
On behalf of the Board of Directors,
Confederation Minerals Ltd.
“David Velisek”
David Velisek
Director
CORPORATE INQUIRIES
Confederation Minerals Ltd.
Suite 1980, 1075 West Georgia Street
Vancouver, B.C.
604.688.9588
www.confederationmineralsltd.com
About CFM
Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition,
exploration and development of mineral properties. Its objective is to locate and develop economic precious and
base metals properties of merit. Confederation Minerals Ltd. owns 70% of the Newman Todd project in the Red
Lake Mining District of Northern Ontario, as well as 100% ownership in another property in the Red Lake Mining
District of Ontario.
Neither 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.