Black Tusk Resources Inc. Closes Tranche 1 of Flow Through Private Placement

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

(TheNewswire)

 

June 14, 2019 / TheNewswire / Vancouver, British Columbia - Black Tusk Resources Inc. (the “Company”) (CSE: TUSK) (Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce that it has closed tranche 1 of its previously announced flow through private placement (see press release dated June 7 ,2019) issuing a total of 1,689,200 Units (as defined below) at a price of $0.17 per Unit for total proceeds of $287,164.  

 

Each Unit consists of one flow-through common share (a “Share”) and one half of one share purchase warrant (each whole warrant a “Warrant”).  Each Warrant will entitle the holder to purchase an additional share at a price of $0.25 per share for a two-year term (the “Warrant Term”).

 

The Company will pay a commission of 4% cash, issue 4% in common shares and Warrants in connection with this offering.

 

On behalf of the Board of Directors

 

Richard Penn,  

CEO

 

Copyright (c) 2019 TheNewswire - All rights reserved.