Trading Symbol: TSXV:JSP
CALGARY, June 7, 2012 /CNW/ - Jasper Mining Corporation (the
"Company")(TSX-V:JSP) is pleased to announce that it has completed a
non-brokered private placement, as announced on June 1, 2012, and
accordingly has issued 250,000 units of the Company at $0.10 per unit;
for gross proceeds to the Company of $25,000. Each unit will consist
of 1 common share and 1/2 common share purchase warrant. The warrants
are at an exercise price of $0.20 and expire June 7, 2014.
The private placement has resulted in the issuance of 250,000 common
shares and 125,000 share purchase warrants. There was 1 subscriber to
the private placement.
All of the securities issued pursuant to this private placement are
subject to a four month hold period.
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: email@example.com