Anconia Resources Corp.
TSX VENTURE : ARA

Anconia Resources Corp.

August 03, 2012 13:51 ET

Anconia Announces Increase in Size of Private Placement Financing

TORONTO, ONTARIO--(Marketwire - Aug. 3, 2012) -

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia" or the "Company") announces that the aggregate gross proceeds to be raised by the Company in its non-brokered private placement offering of units ("Units") at $0.20 and flow-through units ("Flow-Through Units") at $0.23 announced yesterday, will be increased from $900,000 to up to $996,750 (the "Offering").

Please see the Company's news release dated August 2, 2012 for further details of the Offering.

About Anconia

Anconia is a base and precious metals exploration and development company, which is focused on providing shareholder value through the advancement of its properties in the Nunavut Territory and Ontario, Canada. Anconia is undertaking a comprehensive exploration program to determine the potential of the projects currently in its portfolio.

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.

Contact Information

  • Anconia Resources Corp.
    Jason Brewster
    President and CEO
    416-815-9777