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To: Goose94 who wrote (34068)9/14/2017 3:50:19 PM
From: Goose94Read Replies (1) | Respond to of 202668
 
Bitterroot Resources (BTT-V) Sept 14, '17 has increased in size for the second and final time its previously planned non-brokered private placement to 5,331,000 units priced at 20 cents for gross proceeds of $1,066,200. Each unit consists of one common share and one-half of a common share purchase warrant. Each full warrant will be exercisable at 30 cents for a period of 24 months. The proceeds will be used to finance drilling on the company's Hackberry silver project in Arizona and for working capital.

Bitterroot will also issue 999,500 flow-through common shares priced at 22 cents for gross proceeds of $219,890 in a non-brokered private placement. The proceeds will be used to finance drilling on the company's North Brenda gold-silver project in British Columbia.

Finders' fees of 6 per cent cash and 6 per cent share purchase warrants, exercisable on the same terms as the private placement warrants, will be paid to third party finders. Subject to exchange approval, the financings are expected to close late next week.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

bitterrootresources.com