Trading Symbol: TSXV:JSP
CALGARY, June 1, 2012 /CNW/ - Jasper Mining Corporation (the
"Company")(TSXV:JSP) is pleased to announce a non-brokered private
placement of $25,000 through the sale of 250,000 hard dollar units at
$0.10 per unit. Each unit will consist of 1 common share and 1/2
common share purchase warrant with a term of 24 months, and an exercise
price of $0.20. The common shares and warrants will have a hold period
of four months.
The private placement will result in the issuance of 250,000 common
shares, and 125,000 share purchase warrants.
This News Release is being issued in accordance with TSX Venture
Exchange procedure which requires a News Release be made that discloses
the material details of the private placement.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE Jasper Mining Corporation
For further information:
Gordon F. Dixon, Q.C., President, Jasper Mining Corporation, Telephone: (403) 297-9483, Fax: (403) 266-1487, e-mail: firstname.lastname@example.org