Roscan Arranges $3,000,000 Marketed Private Pleacement
RosCan Minerals Corporation News Release June 14, 2018
1
RosCan Minerals Corporation
365 Bay Street, Suite 400
Toronto, Ontario, M5H 2V1
NEWS RELEASE
ROSCAN ARRANGES $3,000,000 MARKETED PRIVATE PLEACEMENT
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES.
Toronto, June 14, 2018 – RosCan Minerals Corporation (“ RosCan” or the “Company”) (TSX-V: ROS) is pleased to announce
that it has entered into an agreement with Clarus Securities Inc. (the “ Agent”), whereby the Agent will act on behalf of the
Company to raise, on a “best efforts” agency basis, up to C$3,000,000 (the “ Offering”) of units of the Company (the
“Units”), to be priced at C$0.06 per Unit. Each Unit is comprised of one common share in the capital of the Company
(“Common Share ”) and one Common Share purchase warrant (“ Warrant”), with each Warrant entitling the holder t o
purchase one Common Share at an exercise price of $0.12 for 24 months following the closing of the Offering.
The net proceeds of the Offering will be used by the Company for exploration and development of the Company’s mineral
properties and for general corporate purposes.
The Offering is scheduled to close on or about July 5, 2018 and is subject to certain conditions including, but not limited t o,
the receipt of all necessary approvals of the TSX Venture Exchange. The securities to be issued under th is Offering will be
offered by way of private placement exemptions in all the provinces of Canada. The Units to be issued under this Offering
will also be offered offshore, including in the United Kingdom pursuant to applicable exemptions and in the United States
on a private placement basis pursuant to exemptions from the registration requirements of the United States Securities Act
of 1933, as amended.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities
Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of,
U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. Thi s release does
not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States. Any public of fering
of securities in the United States must be made by means of a prospectus containing detailed information abou t the issuer
and its management, as well as financial statements.
ABOUT ROSCAN
RosCan Minerals Corporation is a Canadian gold exploration company focussed on West Africa. The Company has
assembled a significant land position of 100% -owned permits in an area of large gold deposits for its Kandiole Project in
west Mali. RosCan is also explor ing the gold potential of the early exploration stage Dormaa Project in Ghana, in which
RosCan can earn a 50% interest through an option agreement with Pelangio Exploration Inc.
For further information, please contact:
Greg Isenor
President and Chief Executive Officer
Tel: (902) 832-5555 or (416) 293-8437
Email: [email protected]
Forward Looking Statements
This news release contains forward -looking information which is not comprised of historical facts. Forward -looking information is
characterized by w ords such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or
statements that certain events or conditions “may” or “will” occur. Forward -looking information involves risks, uncertainties and other
factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such f orward-
looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not
RosCan Minerals Corporation News Release June 14, 2018
2
RosCan Minerals Corporation
365 Bay Street, Suite 400
Toronto, Ontario, M5H 2V1
limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required r egulatory or
governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the
Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedar.com. Forward -looking information
in this news release is based on the opinions and assumptions of management considered r easonable as of the date hereof, including that
all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not
be placed on such information. The Company disclaims any intention or obligation to update or revise any forward -looking information,
other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exc hange)
accepts responsibility for the adequacy or accuracy of this release.