Vancouver, British Columbia--(Newsfile Corp. - May 27, 2014) -
Evrim Resources Corp. (TSXV: EVM) ("
Evrim" or the "
Company") is pleased to announce that it has
closed the non-brokered private placement announced on May 7, 2014
Private Placement"). The company has issued
5,000,000 shares for gross proceeds of $1,600,000. The shares will
be subject to a 4 month hold expiring on September 28, 2014.
Proceeds from the Private Placement will be used for exploration
and working capital purposes. Finder's fees of $26,016 were paid in
conjunction with the Private Placement.
In connection with the Private Placement, Paul Van Eeden, of 205
- 713 Davis Dr., Newmarket, Ontario, reports that on May 27, 2014
he acquired through 2260761 Ontario Inc., ownership, directly or
indirectly, of 1,028,875 common shares of Evrim at a price of $0.32
per common share. As a result, Mr. Van Eeden now has ownership,
directly or indirectly, of 4,117,875 common shares of Evrim being
12.2% of the issued and outstanding common shares of Evrim.
This news release is issued pursuant to National Instrument
62-103 - The Early Warning System and Related Take Over Bids and
Insider Reporting Issues in connection with an early warning report
filed by Mr. Van Eeden earlier today (the "
Report"). A copy of the Report may be found under
Evrim's profile on
About Evrim Resources
Evrim Resources is a mineral exploration company whose goal is
to participate in significant exploration discoveries supported by
a sustainable business model. The Company has a diverse range of
quality projects and a database in Mexico and portions of
southwestern United States. The existing projects, generation of
quality exploration targets, and ideas are advanced through option
and joint venture agreements with industry partners to create
shareholder value. Evrim's business plan also includes royalty
creation utilizing the Company's exploration expertise and existing
On Behalf of the Board
EVRIM RESOURCES CORP.
President & CEO
To find out more about Evrim Resources Corp., please contact
Paddy Nicol, President or Lisa Stefan, Manager of Investor
Relations at 604-248-8648, or visit
Forward Looking Information
This news release includes certain statements that may be deemed
"forward looking statements". All statements in this news release,
other than statements of historical facts, that address events or
developments that Evrim Resources Corp. (the "Company") expects to
occur, are forward looking statements. Forward looking statements
are statements that are not historical facts and are generally, but
not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such
forward looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results may differ materially from those in the forward looking
statements. Factors that could cause the actual results to differ
materially from those in forward looking statements include market
prices, exploitation and exploration successes, and continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward looking statements. Forward looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required
by securities laws, the Company undertakes no obligation to update
these forward looking statements in the event that management's
beliefs, estimates or opinions, or other factors, should
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