Strikepoint GOLD Inc. Announces Closing Private Placement
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
STRIKEPOINT GOLD INC. ANNOUNCES CLOSING PRIVATE PLACEMENT
April 8, 201 9, Vancouver, BC – StrikePoint Gold Inc. (TSX.V:SKP) (“StrikePoint” or the
Company) is pleased to announce that it has completed a private placement raising
$1,271,919.88 through the sale of 11, 562,908 Units (the “Units”) at a price of $0. 11 per
Unit. Each Unit consists of one common share and one share purchase warrant with each
warrant being exercisable into one additional common share at a price of $0. 20 per share
until April 7, 2022.
Finder’s fees were paid to Haywood Securities (as to $ 3,396.80 in cash and 30,880 in
finder’s warrants), PI Financial Corp. (as to $7,040 in cash and 64,000 in finder’s warrants)
and Redplug Capital Corp. (as to $46,640 in cash and 424,000 in finder’s warrants). The
finder’s warrants are exercisable on the same terms as the unit warrants.
All securities issued in connection with the private placement are subject to a regulatory
hold period expiring on August 9, 2019.
The proceeds from the private placement will be used by the Company for acquisitions,
exploration and general working capital purposes.
Due to insider participation in the private placement, it is considered a related party
transaction within t he meaning of Multilateral Instrument 61 -101 (“MI 61 -101”). The
participation is exempt from the need to obtain minority shareholder approval and a formal
valuation on the basis that insider participation is less than 25% of the Issuer’s market
capital.
ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.
Shawn Khunkhun
CEO and Director
For more information, contact:
Shawn Khunkhun
604-602-1440
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.