Gonzaga Resources Ltd.
TSX VENTURE : GN

January 18, 2016 17:07 ET

Gonzaga Resources Ltd.: Private Placement and Technical Report

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 18, 2016) -

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Gonzaga Resources Ltd. (the "Company") (TSX VENTURE:GN), announces that it has closed a private placement of $50,400 and issued 504,000 common shares (the "Shares") at a price of $0.10 per share. The proceeds of the private placement will be used by the Company for general working capital purposes and toward work expenditures on its Company's Kennedy River Property, Vancouver Island, B.C. The Shares are subject to a four month hold period from the date of issuance.

The Company also announces that it has filed an updating technical report on SEDAR with respect to its Kennedy River Property.

On behalf of Gonzaga Resources Ltd.

Darren P. Devine, CFO, Secretary

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

  • Gonzaga Resources Ltd.
    Darren Devine
    +1(604) 638-8063