Val-D’Or Mining Announces $400,000 Private Placement Financing
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2864 chemin Sullivan
Val-d’Or, Québec J9P 0B9
819.824.2808 (main)
819.824.3379 (fax)
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VAL-D’OR MINING ANNOUNCES $400,000 PRIVATE PLACEMENT FINANCING
Val-d’Or, Q uébec, March 9, 2020 — Val-d’Or Mining Corporation (TSX-V:VZZ) (the
“Company”) announces that it will conduct a non -brokered private placement offering pursuant
to which it will issue up to 5,333,333 Units at a per Unit price of $0.075 for gross proceeds of up
to $400,000. Each Unit will consist of one common share in the capital of the Company and
one-half of one non -transferable share purchase warrant, each whole warrant entitling the
purchase of one common share at a per share price of $0. 10 for 24 months from the date of
issuance of the securities.
The offering is subject to acceptance by the TSX Venture Exchange. Finder’s fees in amounts to
be determined may be payable to persons who introduce the Company to subscribers to the
offering. The proceeds raised from this offering will be used by the Company to conduct further
exploration work on its properties in the Abitibi Greenstone Belt , Qu ébec, and for general
corporate purposes. All securities issued will be subject to a hold period of four months and one
day from the date of closing of the offering in accordance with appli cable securities legislation
and the policies of the TSX Venture Exchange.
About Val-d’Or Mining Corporation
Val-d’Or Mining Corporation is a junior natural resource issuer involved in the process of
acquiring and exploring its diverse mineral property assets, most of which are situated in the
Abitibi Greenstone Belt of NE Ontario and NW Québec. To complement its current property
interests, the Company regularly evaluates new opportunities for staking and/or acquisitions.
Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several
other properties in Northern Québec (Nunavik) covering different geological environments and
commodities (Ni-Cu-PGE’s).
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The Company has an expertise in the identification and generation of new projects, and in early-
stage exploration. The mineral commodities of interest are broad, and range from gold, copper -
zinc-silver, nickel-copper-PGE to industrial and energy minerals . After the initial value creation
in the 100% -owned, or majority- owned properties, the Company seeks option/joint venture
partners with the technical expertise and financial cap acity to conduct more advanced
exploration projects.
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 not historical facts and are generally, but not alw ays, 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 o n reasonable 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 statements 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 Provider (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, REQUIRED BY APPLIC ABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN
OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED
STATES. THESE S ECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED
UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMEN DED, OR ANY STATE
SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN TH E UNITED STATES OR
TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.