VANCOUVER, Sept. 8, 2016 /CNW/ - Gitennes Exploration Inc. (TSXV – GIT) announces the closing of the Flow Through private placement announced August 15, 2016.
The non-brokered private placement raised gross proceeds of $47,500 and consists of 1.9 million flow through units at $0.025 per unit. Each unit consists of one common share and one common share purchase warrant with each warrant exercisable at $0.05 for a period of 18 months from closing. The Company will use the net proceeds from the placement to fund exploration on Canadian exploration properties.
Gitennes Exploration Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release does not constitute an offer to sell or a solicitation to buy any of the securities of Gitennes in the United States.
SOURCE Gitennes Exploration Inc.
For further information: on the Company please go to www.gitennes.com.