Eshippers Completes First Tranche of Financing
FOR IMMEDIATE RELEASE
ESHIPPERS COMPLETES FIRST TRANCHE OF FINANCING
April 4, 2017 – Vancouver, British Columbia – eShippers Managem ent Ltd. (" eShippers" or the
"Company") (NEX: EPX.H) is pleased to announce that it has completed the first tranche of its previously
announced non‐brokered private placement. Under the first tranc he of the private placement, a total of
5,422,165 common shares were issued at a price of $0.12 per share for gross proceeds of $650,659.80. It
i s e x p e c t e d t h a t t h e s e c o n d t r a n c h e o f t h e p r i v a t e p l a c e m e n t f or gross proceeds of $234,000 will be
completed next week. There were no warrants issued and no finde r’s fees paid in connection with the
private placement. The net proceeds will be used to reduce corporate debt and to finance the Company's
ongoing review of prospective projects in the resource sector. All of the common shares issued under the
private placement are subject to a four month resale restriction.
About the Company
The Company is engaged in the acquisition, exploration and development of mineral projects in the
resource sector.
For additional information please contact:
ESHIPPERS MANAGEMENT LTD.
Leo Berezan
T: (604) 882‐5995
Reader Advisory
This news release contains certain "forward‐looking information " within the meaning of applicable securities law.
Forward‐looking information is frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or
"will" occur. In particular, forward‐looking information in this press release includes, but is not limited to, statements
with respect to the proposed use of proceeds from the private placement. Although we believe that the expectations
reflected in the forward‐looking information are reasonable, th ere can be no assurance that such expectations will
prove to be correct. We cannot guarantee future results, perfor mance or achievements. Consequently, there is no
representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward‐
looking information.
Forward‐looking information is based on the opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or
results to differ materially fro m those anticipated in the forw ard‐looking information. Some of the risks and other
f a c t o r s t h a t c o u l d c a u s e t h e r e s u l t s t o d i f f e r m a t e r i a l l y f r o m those expressed in the forward‐looking information
include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including
governmental regulation and environmental regulation; failure to obtain third party consents and approvals, if and
when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory
authorities; stock market volat ility; competition for, among ot her things, skilled personne l and supplies; incorrect
assessments of the value of acqui sitions; geological, technical, processing and transportation problems; changes in
tax laws and incentive programs; and the other factors. Readers are cautioned that this list of risk factors should not
be construed as exhaustive.
The forward‐looking information contained in this news release is expressly qualified by t his cautionary statement.
We undertake no duty to update any of the forward‐looking information to conform such information to actual
results or to changes in our expectations except as otherwise r equired by applicable securities legislation. Readers
are cautioned not to place undue reliance on forward‐looking information.
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Exchange) accepts responsibility for the adequacy or accuracy of this release.