VANCOUVER, Sept. 25, 2015 /CNW/ - Barsele Minerals Corp. – ("Barsele") – President of Barsele, Gary Cope, of 242 Turtlehead Drive, Belcarra BC V3H 4P2 announces that he has beneficial ownership of, and control and discretion over, directly or indirectly through 683192 B.C. Ltd., 12,442,800 common shares of Barsele ("Barsele Shares"), or approximately 12.05% of the issued and outstanding Barsele Shares. If Mr. Cope exercises all of the 3,327,400 warrants of Barsele and the 1,150,000 options of Barsele owned by him, he will have beneficial ownership of, and control and discretion over, directly or indirectly, 16,920,200 Barsele Shares, or 16.38% of the then issued and outstanding Barsele Shares, assuming no other convertible securities of Barsele are exercised and no other Barsele Shares are issued.
Gary Cope acquired beneficial ownership of, and control or discretion over, the Barsele Shares and warrants of Barsele that are the subject of this report for investment purposes and intends to review his investment in Barsele on a continuing basis. Mr. Cope plans to continue to acquire additional securities in Barsele, both directly and indirectly.
This press release is issued pursuant to Multilateral Instrument 62-104, which requires reports to be filed with the securities regulatory authority in each jurisdiction where Barsele is reporting, using the Canadian System for Electronic Document Analysis and Retrieval (SEDAR), and will be available for viewing at www.sedar.com.
To obtain a copy of the subject early warning report filed by Gary Cope in accordance with applicable Canadian securities laws, please contact Barsele at 604-687-8566.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Barsele Minerals Corp.
For further information: For further information, contact Barsele Minerals Corp. at (604) 687-8566 X227, email [email protected] or visit our website at www.barseleminerals.com