Tasca Resources Ltd. intends to proceed with a private placement of up to 10 million units at 5.5 cents per unit for gross proceeds of up to $550,000. Each unit comprises one common share at 5.5 cents and one warrant exercisable at 10 cents per common share for two years from closing. There may be a finder's fee payable. The private placement is subject to TSX Venture Exchange acceptance and the resulting securities which are issued will be subject to a four-month-and-a-day hold period.
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