RJK Exploration (RJKAF)

[ComstockRoyalty]

April 12th 2017 News - RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) closed the first tranche of its previously announced non-brokered private placement of units, raising gross proceeds of $298,139.76 (the “Offering“). Under the terms of the Offering, 1,656,332 units (the “Units“) were sold at a price of $0.18 per Unit, each Unit comprised of one Class A Subordinate Voting Share (“Class A Share“) of the Corporation and one-half of one Class A Share purchase warrant (“Warrant“), each whole Warrant entitling the holder to purchase an additional Class A Share for up to one year following its date of issue at a price of $0.35 per Warrant Share.

Net proceeds from the Offering will be used for mineral exploration and general corporate purposes.

http://www.rjkexplorations.com/2017/04/12/rjk-explorations-ltd-completes-first-tranche-non-brokered-private-placement/