Thursday, February 09, 2017 5:26:17 PM
ASHBURTON INREASES FINANCING
Ashburton Ventures Inc., in connection with its previously announced financing (see the press releases dated Jan. 30, 2017, and Feb. 2, 2017), is increasing the size of the financing due to strong demand.
The company has arranged the non-brokered private placement to consist of 12 million units, up from 10 million units, at a price of 10 cents per unit for aggregate gross proceeds of $1.2-million. All other terms and conditions remain in place. This increase is subject to TSX Venture Exchange approval.
Ashburton Ventures is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.
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