Northaven Resources Corp.
TSX VENTURE : NTV

Northaven Resources Corp.

September 09, 2013 21:06 ET

Northaven Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2013) - NORTHAVEN RESOURCES CORP. (TSX VENTURE:NTV) it has closed the previously announced private placement (the "Private Placement") together with a contemporaneous five to one (5:1) consolidation of its shares (the "Consolidation"), both of which were previously announced on May 6, 2013. The Private Placement was comprised of 6,666,667 post-consolidation common shares issued at a post-consolidation price of $0.056 per share, for gross proceeds of $375,000 (the "Private Placement"). Proceeds of the placement will be used to fund payment of existing indebtedness of the Company and to provide for additional working capital. The Shares issued under the Placement are subject to a statutory hold period expiring January 7, 2014.

On behalf of the Board of Directors of NORTHAVEN RESOURCES CORP.

Allen D. Leschert, CEO

For further information, please visit Northaven's website at http://www.northavenresources.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to certain factors, many of which are beyond Nor haven's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements.

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