Scottie Closes First Tranche of Private Placement
Not for distribution to United States newswire services or for dissemination in the United States
SCOTTIE CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia, May 28, 2019 – Scottie Resources Corp . (“Scottie” or the “Company”) (TSXV:
SCOT) is pleased to announce that it has close d the first tranche of its previously announced p rivate
placement (see news release dated May 13, 2019). In the first tranche, a total of 2,170,000 common shares
(each a “Share”) were issued, at $0.23 per Share, for proceeds of $499,100.
The Company expects to close a second tranche of up to $500,900 in a timely manner.
All Shares issued in the first tranche of the private placement are subject to a resale restriction in
accordance with applicable securities laws, which expires on September 28, 2019.
Proceeds from the private placement will be used for workin g capital, property option payments, and
exploration of the Company’s mineral property portfolio.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the
securities in the United States. The securities have n ot been and will not be registered under the United
States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the U. S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
ABOUT SCOTTIE RESOURCES CORP.
Scottie owns 100% interests in the high grade, past -producing Scottie Gold Mine property, the Stock
property, the Ruby Silver property and the Black Hills property.
Scottie has the option to purchase 100% interest s in the Bow property, the Bitter Creek property and the
Summit Lake property.
All of the Company’s properties are located in the area known as the Golden Triangle of British Columbia
which is among the world’s most prolific mineralized districts.
Further information on Scottie can be found on the Company’s website at www.scottieresources.com and
at www.sedar.com, or by contacting Bradley Rourke, President & CEO at (250) 877-9902.
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ON BEHALF OF THE BOARD OF DIRECTORS
“Bradley Rourke”
President & CEO
FORWARD LOOKING STATEMENTS
This news release may contain forward‐ looking statements. Forward looking statements are statements
that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”,
“anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that
events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the
expectations expressed in such forward‐ looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in
forward looking statements. Forward‐ looking statements are based on the beliefs, estimates and opinions
of the Company’s management on the date such statements were made. The Company expressly disclaims
any intention or obligation to update or revise any forward‐ looking statements whether as a result of new
information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this
release.