Pacific Link announces private placement
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
VANCOUVER, March 16, 2018 /CNW/ - Pacific Link Mining Corp. (the "Company" or "Pacific Link") is pleased to announce that it proposes to complete a non-brokered private placement of up to C$500,000 at a price of $0.05 per unit. Each unit consists of one common share and one half non-transferable share purchase warrant. Each whole warrant entitles the warrant holder to purchase one common share of Pacific Link for a period of two years. Each whole warrant will entitle the holder to purchase one common share at a price of $0.08 per share.
A finder's fee may be paid associated with this financing.
Proceeds from the proposed financing will be used for working capital.
The private placement is subject to the approval of the TSX Venture Exchange and a four month statutory hold period from the date of the closing.
Pacific Link is a Vancouver based Canadian company, trading on the NEX board of the TSX Venture Exchange under the symbol PKC.H.
ON BEHALF OF THE BOARD
"Mar Bergstrom", Acting President
Neither 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.
SOURCE Pacific Link Mining Corp.
Jennifer Trevitt, 604-688-8002
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