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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (20671)	7/29/2016 3:19:26 PM
From: Goose94	Read Replies (4) \| Respond to of 202371

Golden Arrow Resources (GRG-V) July 29, '16 is pleased to announce it has received regulatory approval from the TSX Venture Exchange for the Company's private placement of 9,020,000 units, announced on July 13, 2016 and July 14, 2016. The Company will issue 9,020,000 common shares of the Company at a price of CAD$0.75 per share for gross proceeds of CAD$6,765,000. Each unit consists of one common share of the Company at $0.75 per share and one-half share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional share in the capital of the Company at a price of CAD$1.00 per share for 18 months from the date of issue. The warrants exercise period may be accelerated if the volume weighted average price for the shares is $1.40 or greater for 10 consecutive trading days, following expiration of the 4 month hold period. The Company will pay a cash finder's fee of CAD$435,880.61; 314,461 finder's warrant exercisable at CAD$1.00 per finder's warrant and 46,480 finder's shares at a deemed price of CAD$1.00 per finder's share. Securities issued pursuant to this private placement will be subject to a four-month hold period under applicable Canadian securities laws expiring November 30, 2016. The proceeds of this private placement will be used for general working capital. About Golden Arrow: Golden Arrow is a Vancouver-based explorer focused on identifying, acquiring and advancing precious and base metal projects in Argentina with the goal of achieving a world class discovery. The main focus is on advancing the flagship Chinchillas Silver Project located in Jujuy, Argentina. Golden Arrow is a member of Grosso Group, a management company specialized in resource exploration, and working in Argentina where it is highly regarded and trusted since 1993. ON BEHALF OF THE BOARD Mr. Joseph Grosso, Executive Chairman, President and CEO Golden Arrow Resources Corporation Corporate Communications 1-604-687-1828 Toll-Free: 1-800-901-0058 info@goldenarrowresources.com