Renforth Completes Second Private Placement Closing
September 26, 2019 CSE: RFR
For Immediate Release
Renforth Completes Second Private Placement Closing
Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (“Renforth” or the “Company”) has completed a
second closing of the previously announced private placement with the issuance of 1,240,000 common share
units, each unit priced at $0.05 and consisting of one common share and one warrant to acquire an additional
common share at a price of $0.075 for a period of 24 months, and 766,670 flow through share units, each unit
priced at $0.06 and consisting of one share issued on a “flow-through” basis and one warrant to acquire an
additional common share at a price of $0.10 for a period of 24 months, for a total raised in this closing of
$108,000. A commission totaling $2,760 in cash and a total of 52,000 broker warrants was paid pursuant to this
closing.
The proceeds from the two closings are funding the new 43-101 reports underway regarding Renforth’s wholly
owned New Alger and Parbec projects, as previously announced, and further thin section work at Parbec.
Renforth anticipates a third and final closing in mid-October, those funds will be used for a drilling program at
New Alger focussed on the never before drilled “Discovery Vein” where stripping over 270m has exposed gold
on surface, to date 53 channel samples have been cut in blue/black quartz veining, approximately 250m south
of the historic Thompson-Cadillac Mine on the Cadillac Break at New Alger, within the Pontiac Sediments.
Technical disclosure in this press release has been reviewed and approved by Brian H. Newton P.Geo, a
“qualified person” pursuant to NI 43-101.
For further information please contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
T:416-818-1393
#269 – 1099 Kingston Road, Pickering ON L1V 1B5
ABOUT RENFORTH
Renforth Resources Inc. is a Toronto-based gold exploration company with five wholly owned surface gold
bearing properties located in the Provinces of Quebec and Ontario, Canada.
In Quebec Renforth holds the New Alger and Parbec properties, in the Cadillac and Malartic gold camps
respectively, with gold present at surface and to some depth, located on the Cadillac Break. In both instances
additional gold bearing structures, other than the Cadillac Break, have been found on each property and require
additional exploration. Renforth also holds Malartic West, contiguous to the western boundary of the Canadian
Malartic Mine property, located in the Pontiac Sediments, this property is gold bearing and was the recent site
of a copper discovery. In addition to this Renforth has optioned the wholly owned Denain -Pershing gold
bearing property, located near Louvicourt, Quebec, to O3 Mining Inc.
In Ontario Renforth holds the Nixon-Bartleman surface gold occurrence west of Timmins Ontario, drilled,
channeled and sampled over 500m – this historic property also requires additional exploration to define the
extent of the mineralization.
Suite 269 – 1099 Kingston Road
Pickering, ON L1V 1B5
www.renforthresources.com
No securities regulatory authority has approved or disapproved of the contents of this news release.
Forward Looking Statements
This news release contains forward -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 managem ent. 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. Actual events or results may differ materially from those projected in the forward -looking
statements and the reader is cautioned against placing undue 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.