Tres-OR Closes Flow Through Financing, Announces New Financing
Tres-Or Head Office | 1934 – 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
LEGAL_26807622.1
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
FOR DISSEMINATION IN THE UNITED STATES
NEWS RELEASE
TRES-OR CLOSES FLOW THROUGH FINANCING, ANNOUNCES NEW FINANCING
Vancouver, B.C. – February 23, 201 7 - Tres-Or Resources Ltd. (“Tres -Or”) (TSX -V: TRS) is
announcing a proposed private placement (the “New Offering”) to raise up to $ 250,000 by the
issuance of up to 5,000,000 units at a price of $0. 05. Each unit will consist of one common share and
one additional common share warrant for a period of two years from issuance at an exercise price of
$0.08 per common share. There is an acceleration clause such that if the common shares trade at or
above $0.20 per share for a period of 10 trading days during the last year of the warrant period, then
the warrants must be exercised within 15 business days or they will expire.
Cash commission equal to 6.5 per cent of the gross proceeds raised and broker warrants in a quantity
equal to 4 per cent of the aggregate number of units sold will be paid and issued. Each broker warrant
will entitle the holder to purchase one common share of Tres-Or at a price of $0.06 each, at any time
during the 24-month period following the closing of the New Offering.
The $150,000 flow -through private placement (the “FT Offering”) disclosed in a news release dated
February 6, 2017 has closed. The 3,000,000 shares issued have a hold period expiring June 22, 2017.
Proceeds from the FT Offering and the New Offering will be used to advance the Company’s gold and
diamond assets located in the Abitibi-Témiscamingue regions of northwestern Quebec and general
corporate purposes.
The New Offering is subject to TSX Venture Exchange approval and is anticipated to close on or
about March 31, 2017.
On behalf of the Board of Directors
“Laura Lee Duffett”
Laura Lee Duffett
President and CEO
For further information:
Contact: Dominic Spedaliere - Corporate Communications: Ph: 604-688-8700
Dean Claridge – Business Development: Ph: 604-880-1865
Email: [email protected] Website: www.tres-or.com
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource compan y focused on exploring
for gold, base metals and diamond resources in the Abitibi-Témiscamingue regions in northwestern
Quebec. Additional information related to the Company is available at: www.tres-or.com .
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.