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

To: Goose94 who wrote (39112)	1/15/2018 2:10:05 PM
From: Goose94	Read Replies (2) \| Respond to of 203329

McLaren Resources (MCL-Cse) Jan 15, '18 has increased the non-brokered private placement financing previously announced on Jan. 2, 2018, from $350,000 to $565,000. The increased financing consists of common share units for gross proceeds of $215,000. With respect to the increased financing, the company has issued a total of 2.15 million common share units at a price of 10 cents per unit. Each common share unit consists of one common share and one common share purchase warrant that entitles the holder to purchase one common share in the capital of the company at an exercise price of 15 cents per share for a period of 18 months from the date of issuance. In connection with the increased financing, McLaren paid finders' fees consisting of $11,650 in cash and $2,000 by way of issuance of 20,000 common shares at a value of 10 cents per share to qualified registrants. About McLaren McLaren is focused on exploration work on its three gold properties which are located in the Timmins Gold District of Northeastern Ontario. These properties include the Augdome Property, the TimGinn Property, and the Blue Quartz Property. The TimGinn Property, which hosts the former Gilles Lake Gold Mine, consists of 9 patented mining claims covering 238 hectares in Tisdale Township in Central Timmins and lies adjacent to the Hollinger Mine (19.3 million oz) and McIntyre Mine (10.7 million oz) both operated by Goldcorp. The Blue Quartz Property, which hosts the former Blue Quartz Mine, consists of 25 patented mining claims and 8 crown claims covering a total of 640 hectares in Beatty Township and is located 10 km north of McEwen Mining's Black Fox Mine in East Timmins. For more information, please contact: Radovan Danilovsky, Interim President Phone: 905-903-6423 McLAREN RESOURCES INC. 44 Victoria Street, Suite 1616 Toronto, Ontario M5C 1Y2