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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (7408)8/7/2014 9:37:22 AM
From: Goose94Read Replies (1) of 202371
 
InZinc Mining (IZN-T) Aug 7, '14 wishes to announce that it has agreed to a non-brokered private placement by a small group of mainly insiders. The placement consists of 2.778 million units at a price of 18 cents per unit for proceeds of $500,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder to subscribe for one share at 30 cents per share for a period of 24 months from completion of the financing. No commission is payable and proceeds from the placement will be used for general corporate purposes.

Closing of the financing is expected to occur on or before August 20, 2014 and is subject to all regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued in connection with the financing will bear a four-month restriction on resale from the completion date.

C.F. Staargaard
President and CEO
Phone: (604) 687-7211
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