New Oroperu Resources Inc.
TSX VENTURE : ORO

June 25, 2015 17:35 ET

New Oroperu Resources Inc.: $650,000 Non-Brokered Financing Announced

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2015) -

NOT FOR DISTRIBUTION IN THE U.S.A. OR TO U.S. RESIDENTS

New Oroperu Resources Inc. (the "Company") (TSX VENTURE:ORO) is pleased to announce that it plans to undertake a non-brokered private placement of up to 4,333,333 units at a price of $0.15 per unit for estimated aggregate gross proceeds of $650,000. Each unit consists of one common share of the Company and one-half of a share purchase warrant of the Company. Each whole share purchase warrant will entitle the holder to purchase one common share for a period of five years after the closing of the transaction at an exercise price of $0.20 per common share. The proceeds from the financing will be used for general working capital.

This financing is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

K. Wayne Livingstone, President

Note: 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 news release.

Contact Information

  • New Oroperu Resources Inc.
    K. Wayne Livingstone
    President
    (604) 638-1408