Indigo Exploration Inc.

Indigo Exploration Inc.

April 03, 2013 18:07 ET

Indigo Exploration Inc. Closes Non-Brokered Private Placement of $500,000

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 3, 2013) - Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) has closed a non-brokered private placement of 10,000,000 units priced at $0.05 per unit for total gross proceeds of $500,000. Each unit is comprised of one common share and one warrant, with each warrant exercisable to acquire one additional common share at an exercise price of $0.12 per share, on or before April 3, 2014. Securities issued pursuant to the private placement are subject to a four month hold until August 4, 2013.

Proceeds of the private placement will be used for continuing to advance the Company's mineral exploration properties in Burkina Faso, for acquisition payments, and for general working capital.

On Behalf of the Board of Directors,

Paul Cowley, Interim CEO

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Indigo Exploration Inc.
    Paul Cowley
    (604) 340-7711

    Indigo Exploration Inc.
    Keir Reynolds
    (778) 998-9242