Pitchblack Closes Private Placement
Pitchblack Closes Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
June 1, 2017, Toronto, Ontario – Pitchblack Resources Ltd. (NEX: PIT.H) (“Pitchblack” or the “Company”)
has closed its previously announced non‐brokered private placement financing of 571,428 Pitchblack
common shares at a price of $0.35 per share for gross proceeds of $199,999.80.
Pitchblack intends to use the proceeds for general corporate purposes and to maintain its mineral
properties in good standing.
The private placement is subject to final approval of the TSX Venture Exchange. The common shares
issued pursuant to the private placement are subject to a statutory hold period which expires on
October 2, 2017.
About Pitchblack Resources Ltd.
Pitchblack has uranium, coal and gold assets in the Yukon Territory, Canada. The Company is currently
reviewing the potential of these properties.
G. Scott Moore
President and Chief Executive Officer
E‐mail: [email protected]
416‐861‐5903
Cautionary Note Regarding Forward‐looking Information
This press release contains “forward‐looking information” within the meaning of applicable Canadian
securities legislation. Forward‐looking information includes, but is not limited to, statements regarding
the use of proceeds of the private placement and the Company’s future plans. Generally, forward‐looking
information can be identified by the use of forward‐looking terminology such as “plans”, “expects” or
“does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that
certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward‐looking information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of the Company
to be materially different from those expressed or implied by such forward‐looking information, including
but not limited to: general business, economic, competitive, political and social uncertainties; the actual
results of current exploration activities; future prices of mineral prices; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and shortages and other risks of the
mining industry. Although the Company has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward‐looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward‐looking information. The Company does not undertake to update any forward‐
looking information, except in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not 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.
NEITHER 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.