King’s Bay Closes $217,500 Private Placement
Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240
King’s Bay Closes $217,500 Private Placement
September 19, 2017 – King’s Bay Resources Corporation (TSXV: KBG )(FSE: KGB1 ) (the
“Company”) is pleased to announce that it has compl eted a non-brokered private placement (the
“Financing”) of 2,175,000 units (each, a “Unit”) at a price of $0.10 per Unit for gross proceeds of
$217,500.
Each Unit consists of one common share of the Compa ny and one non-transferable common share
purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one
common share (each, a “Warrant Share”) of the Compa ny at a price of $0.15 per Warrant Share for
a period of 2 years from the closing of the Financing.
In connection with the Financing, the Company paid cash finder’s fees of $16,000 to a certain
finder.
All securities issued in connection with the Financ ing are subject to a statutory hold period expiring
four months and one day after the closing of the Financing.
ON BEHALF OF THE BOARD OF DIRECTORS
King’s Bay Resources Corporation
“Kevin Bottomley”
President and Chief Executive Officer
Tel: (604) 681-1568
Email: [email protected]
For investment inquiries please contact:
Jared Rushton
Corporate Development
Tel: (604) 681-1568
Email: [email protected]
Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.