BTU Announces Financing Fully Subscribed
Tuesday, June 11, 2019 5:31 PM
VANCOUVER, BC / ACCESSWIRE / June 11, 2019 / BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) is pleased to announce that the previously announced private placement (see PR dated June 10, 2019) has been fully subscribed. Funds raised will be used for ongoing work programs at the Dixie Halo Project located in Red Lake, Ontario, contiguous to Great Bear Resources (GBR-TSX:V), as the Company prepares for its maiden drill program this summer.
BTU Metals Corp. is a junior, mining exploration company focussed on its Dixie Halo project located in Red Lake, Ontario.
ON BEHALF OF THE BOARD
Paul Wood, CEO, Director
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).
SOURCE: BTU Metals Corp.