BRIEF-Source Exploration announces non-brokered private placement of up to $1,500,000 and debt conversion

Wed Sep 28, 2016 4:45pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 28 (Reuters) - Source Exploration

* Announces non-brokered private placement of up to $1,500,000 and debt conversion

* A non-brokered private placement of up to 10 million units of at a price of $0.15 per unit

* Net proceeds from private placement be used to continue exploration on co's las minas project located in veracruz, Mexico

* Net proceeds from private placement will also be used for property payments, debt reduction and general working capital purposes Source text for Eikon: Further company coverage: