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

To: Goose94 who wrote (34336)	9/25/2017 6:41:44 PM
From: Goose94	Read Replies (1) \| Respond to of 202668

Bitterroot Resources (BTT-V) Sept 25, '17 has closed a non-brokered private placement of 5,331,000 units priced at 20 cents for gross proceeds of $1,066,200, plus 999,500 flow-through common shares priced at 22 cents, for gross proceeds of $219,890. Each unit consists of one common share and one-half of a common share purchase warrant, exercisable at 30 cents until Sept. 19, 2019. The warrants are subject to accelerated exercise provisions if Bitterroot's shares trade on the TSX Venture Exchange at 50 cents for greater than 20 consecutive trading days. Finders' fees paid in conjunction with the private placement consist of $49,445.40 in cash, plus the issuance of 277,830 broker warrants exercisable at 30 cents until Sept. 19, 2019. The common shares, plus any common shares acquired through the exercise of warrants or broker warrants, are subject to a hold period expiring Jan. 19, 2018. The proceeds of the unit financing will be used to finance drilling on the company's Hackberry silver project and for working capital. The proceeds of the flow-through share financing will be used to finance drilling on the company's North Brenda gold/silver project. ON BEHALF OF THE BOARD OF DIRECTORS *Michael S. Carr* Director bitterrootresources.com