Redzone Resources Announces $300,000 Non-Brokered Private Placement

April 10, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 10, 2017) – Redzone Resources Ltd. (the “Corporation“) (TSX VENTURE:REZ) announces that it intends to complete a non-brokered private placement financing of up to 1,875,000 units (the “Units“) at a price of $0.16 per Unit for gross proceeds of up to $300,000 (the “Offering“). Each Unit will consist of one common share in the capital of the Corporation (“Common Share“) and one-half (1/2) of one Common Share purchase warrant (“Warrant“). Each whole Warrant will entitle the holder to acquire one Common Share for $0.24 for a period of two years from the date of issuance.

Category: General