Val-D’Or Mining Corporation Engages Canaccord Genuity Corp. FOR $1,200,000 Public Offering BY Short Form Prospectus
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES
OR TO U.S. NEWS AGENCIES
2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
819.824.2808 (main)
819.824.3379 (fax)
1
VAL-D’OR MINING CORPORATION ENGAGES CANACCORD GENUITY CORP.
FOR $1,200,000 PUBLIC OFFERING BY SHORT FORM PROSPECTUS
Val-d’Or, Québec, August 28, 2017 — Val-d’Or Mining Corporation (TSX-V:MZZ) (formerly Nunavik
Nickel Mines Ltd.) (the “Company”) is pleased to announce that it has entered into a binding agreement
with Canaccord Genuity Corp. (“Canaccord”) pursuant to which Canaccord has agreed to be the sole lead
manager and sole bookrunner in respect of a propo sed commercially reasonable efforts offering (the
“Offering”) to the public by the Company of 12,000 ,000 Units at a price per Unit of $0.10 for gross
proceeds of $1,200,000, each Unit consisting of on e common share in the capital of the Company and
one-half of one non-transferable common share purch ase warrant, each whole warrant (a “Warrant”)
exercisable for the purchase of one common share of the Company at a per share price of $0.15 for a
period of 36 months from the date of closing of the Offering.
The Units proposed to be sold under the Offering will be distributed to the public through the filing by the
Company of a short form prospectus with the securiti es regulatory authorities in the provinces of Alberta,
British Columbia, Ontario, Québec an d Saskatchewan, and in such othe r provinces or jurisdictions that
may be mutually agreed to by the Company and Canaccord.
The Company has granted Canaccord an over-a llotment option (the “Over-Allotment Option”)
exercisable within 60 days from closing of the Offering in whole or in part by the Agent, at the sole
discretion of the Agent, to require the Company to increase the size of the Offering by up to 15% of the
base Offering to cover any over-allocation position. Such Over-Allotment Option will be qualified for
distribution under the short form prospectus. The Company has agreed to pa y Canaccord a commission
equal to 10% of the aggregate gross proceeds raised under the Offering payable in cash or satisfied by the
issuance of Units at a deemed per Unit price of $0.10, or any combination of cash or Units at Canaccord’s
option, plus a corporate finance fee of $20,000, $10, 000 of which has been paid to Canaccord by the
Company and the $10,000 balance of which is payable on closing of the Offering. The Company has also
agreed to issue to Canaccord warrants (the “Agent ’s Warrants”) entitling the purchase of that number of
Units of the Company as is equal to 10% of the number of Units sold under the Offering at an exercise
price per Unit of $0.10 for a period of 36 months from the date of closing of the Offering, the Units
underlying the Agent’s Warrants having the same attributes as the Units to be issued under the Offering.
The Offering is expected to close on a date to be mutually agreed upon by the Company and Canaccord,
subject to customary conditions and all regulatory approvals including acceptance by the TSX Venture
Exchange.
The proceeds raised under the Offering will be used by the Company to conduct the recommended work
program on its Baden Property, exploration on certain of its other property inte rests, and for general
corporate purposes.
The securities being offered have not been, nor will th ey be, registered under the United States Securities
Act of 1933, as amended, and may not be offered or so ld within the United States or to, or for the benefit
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES
OR TO U.S. NEWS AGENCIES
2
of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration
requirements. This release does not constitute an offer for sale of securities in the United States.
About Val-d’Or Mining Corporation
Val-d’Or Mining Corporation is a junior natural resource issuer invo lved in the process of exploring,
evaluating and promoting its mineral property assets. The Company holds an option to acquire a 100%
interest in 61 grassroots properties located in Ontari o and Québec; in addition to which it holds a 100%
interest in the Marymac Prospect consisting of 43 Map Designated Units located in the Labrador Trough
of Québec, subject to a 2% NSR; a 100% interest in the Shoot-Out Prospect, which is the combination of
two properties, Shoot-Out East and Shoot-Out West, a nd consists of 63 claims located in the Raglan Belt
of northern Québec, subject to a 3% NSR; a 100% inte rest in the Fortin Prospect consisting of five
contiguous mining claims located in the central part of Ducros Township, approximatively 80 kilometres
northeast of the city of Val-d’Or, Québec, subject to a 1.5% NSR; and holds a 100% interest in the
Chibougamau-Chapais Prospect, a non-contiguous group of 40 claims, located in the Chibougamau area
in central Québec, which were staked by the Company in the second quarter of 2016.
For additional information, please contact:
Glenn J. Mullan
2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email: [email protected]
Forward Looking Statements:
This news release contains certain statements that may be deemed “forward-looking statements. Forward looking
statements are statements that are no t 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 forw ard-looking statements are based on r easonable assumptions, such statements
are not guarantees of future performance and actual results or realities may differ materially from those in forward
looking statements. Forward looking st atements are based on the beliefs, estimates and opinions of the Company’s
management on the date the statements are made. Except as required by law, the Company undertakes no obligation
to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other
factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
THIS PRESS RELEASE, REQU IRED BY APPLICABLE CAN ADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND
DOES NOT CONSTITUTE AN OFFE R TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY
OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE
NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.