Renforth closes private placement financing
7 January, 2019 CSE: RFR
For Immediate Release
Renforth Closes Private Placement Financing
Renforth Resources Inc. (CSE – RFR) (“Renforth” or the “Company”) is pleased to announce that on
December 31, 2018 it completed a private placement financing (the “Offering”) raising $ 615,000
through the issuance of 12,300,000 of flow-through common units (“Flow-Through Units”). Each Flow-
Through Unit consists of one common share in the capital of the Company issued on a ‘flow -through’
basis, and one-half of one common share purchase warrant. Each whole warrant entitles the holder to
purchase one common share in the capital of the Company at a price of $0.12 for a period of 18 months
following closing.
In connection with the Offering, the Company paid $51,625 in issue costs and issued 336,000
compensation warrants. Each compensation warrant is exercisable, for 1 8 months, for one common
share of Renforth at $0.12 per share.
The proceeds raised under the Offering will be used for Canadian Exploration Expenses on the
Company’s properties.
All securities issued under the Offering are subject to a four-month statutory hold period in Canada.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:905-831-9606
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forw ard-looking statements and information under applicable securities
laws. All statements, other than statements of historical fact, are forward looking. Forward -looking
statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’,
‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such
statements and information are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and
uncertainties, including the speculative nature of mineral exploration and development, fluctuating
commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability
of financing, as described in more detail in the Company’s securities filings available at www.sedar.com.
Suite 269 – 1099 Kingston Road
Pickering, ON L1V 1B5
www.renforthresources.com
Actual events or results may differ materially from those projected in the forward-looking statements
and the reader is cautioned against placing und ue reliance thereon. Forward -looking information
speaks only as of the date on which it is provided and the Company assumes no obligation to revise or
update these forward-looking statements except as required by applicable law.