ENP Newswire -
Release date- 29082014 -
Each Unit comprises of one Plata Latina Common Share ('Share') and one half of one common share purchase warrant ('Warrant'). Each whole Warrant entitles the holder to purchase one additional Share at a price of
The net proceeds from the financing will be used for the next drill program at Naranjillo, where a discovery is already in progress. The drill program has commenced and contemplates six holes (4,750 metres) to optimize orientation of subsequent drilling for resource definition.
Drilling at Naranjillo, which is located approximately 35 kilometres from
As prescribed by the
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and other statements that are not historical facts including statements about the intended use of proceeds from the bought deal private placement and planned exploration program. Such forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to vary materially from target results and the results or events predicted in these forward-looking statements. As a result, investors are cautioned not to place undue reliance on these forward-looking statements.
The forward-looking statements contained in this news release are made as of the date of this release. Except as required by applicable law,
Forward-looking information reflects the current expectations or belief of the Company based on information currently available and such information is subject to a number of assumptions, risks and uncertainties, including risks related to exploration, uncertainties related to financings; the uncertainties of interpreting exploration results and the other risks associated being a mineral exploration company.
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