Quinto Resources Inc. Completes $750,000 Private Placement

November 5, 2017

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MONTREAL, QUEBEC–(Marketwired – Nov. 1, 2017) – Quinto Resources Inc. (TSX VENTURE:QIT) (“Quinto” or the “Corporation”) is pleased to announce the closing of a non-brokered private placement with accredited investors pursuant to which the Corporation issued 15,000,000 Units (the “Units”) at a price of $0.05 per Unit, for total gross proceeds to the Corporation of $750,000. Each Unit consists of one common share (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at a price of $0.08 for 12 months from the closing date of the private placement (the “Closing Date”).

Category: General