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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (2842)3/6/2014 7:39:27 PM
From: Goose94Read Replies (1) of 202432
 
Bitterroot Resources (BTT-V) March 6, '14 has closed a non-brokered private placement of 5.2 million units priced at five cents in a non-brokered private placement for gross proceeds of $260,000. Each unit consists of one common share and one common share purchase warrant, which is exercisable at 10 cents until March 4, 2015. The common shares, plus any common shares acquired through the exercise of warrants or broker warrants, are subject to a hold period expiring July 4, 2014.

The proceeds are being used to finance 1,500 metres of drilling in approximately six holes on the company's Target H nickel/copper/platinum-group-metal target in Michigan and for working capital. Management expects the drilling program will take approximately three weeks to complete.
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