ENP Newswire -
Release date- 11072014 -
The Company has issued a final 4,000,000 units (the 'Units') at a price of
Each Unit consists of one common share ('Common Share') of the Company and one-half transferable share purchase warrant ('Warrant'). Each whole Warrant will entitle the holder to acquire one Common Share at an exercise price of
The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's
About Northern Vertex
It is a potential heap leach, open pit project being advanced under a three-phase business plan, specifically designed to ensure that technical, economic, permitting and funding requirements are met prior to each phase proceeding.
The Company's management comprises an experienced team with a strong background in all aspects of acquisition, exploration, development, operations and financing of mining projects worldwide. The Company is focused on working effectively and respectfully with our stakeholders in the vicinity of the historical Moss Mine and enhancing the capacity of the local communities in the area.
For further information, please visit www.northernvertex.com
Tel: 604-601-3656, 1-855-633-8798
The information in this news release has been prepared as at
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown could cause actual results to be materially different from those expressed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.
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