KLE\460301\PP-FTU Units PP-AUG2016\0371C
KLE\460301\PP-FTU UNITS PP-AUG2016\0371C
Not for distribution to U.S. news wire services or dissemination in the United States.
611 – 8th Street, P.O. Box 211
Stewart, British Columbia V0T 1W0
Telephone: (250) 636-9283 Facsimile: (250) 636-2446
NEWS RELEASE
January 16, 2017 Trading Symbol: TSXV-ROT
Closing the Non-Brokered Private Placement of Non-Flow-Through Units to Raise $190,000
Rotation Minerals Ltd. (the “Company”) is pleased to announce that, further to its news release of
November 3, 2016, it has received signed subscription agr eements and funds in the amount of $190,000
towards the closing of 760,000 non -flow-through units at $0.25 per unit. The Company will make
application to the TSX Venture Exchange for approval of the private placement and expects to close the
private placement in the immediate future.
The Company is not proceeding with the balance of the private placements disclosed in the news release
dated November 3, 2016.
New Flow-Through Non-Brokered Private Placement to Raise up to $750,000
The Company is pleased to a nnounce it is using its best efforts to complete a flow -through private
placement to raise aggregate gross proceeds of up to $ 750,000. The offering will be comprised of up to
3,000,000 flow-through shares, at a price of $0.25 per flow-through share.
The p roceeds from the sale of the flow -through shares will be expended on exploration on the
Company's properties located in British Columbia.
New Non-Flow-Through Private Placement to Raise up to $750,000
The Company is pleased to announce it is also arranging a private placement of non -flow-through units
to raise proceeds of up to an additional $ 750,000. T he offering will be comprised of up to 3 ,000,000
units, at a price of $0.25 per unit. Each unit will be comprised of one common share and one-half of one
transferable common share purchase warrant, each whole warrant being exercisable for the purchase of
one additional common share, at a price of $0.40 per share, for a two year period.
The proceeds from the sale of the units will be used for property payment s and for working capital
purposes.
Certain directors and officers of the Company may participate in the private placement s. Any such
participation would be considered to be a “related party transaction” as defined under Multilateral
Instrument 61 -101 (“M I 61 -101”). The transaction will be exempt from the formal valuation and
minority shareholder approval requirements of MI 61 -101 as neither the fair market value of any shares
or units issued to or the consideration paid by such persons will not exceed 25 % of the Company’s
market capitalization.
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KLE\460301\PP-FTU UNITS PP-AUG2016\0371C
Finders’ fees may be payable.
ABOUT ROTATION MINERALS LTD.
The Company’s main assets are the option on the 4-J property and Scottie Gold Mine in the Stewart area
of British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
"Randolph Kasum"
Randolph Kasum,
Director
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.