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Bitterroot Resources Ltd V.BTT

Alternate Symbol(s):  BITTF

Bitterroot Resources Ltd. is a Canada-based mineral resource company. The Company is principally engaged in the sourcing and exploration of resource properties. It is focused on discovering high-grade, magmatic nickel-copper-PGM deposits in the Upper Peninsula of Michigan and oxide epithermal gold-silver deposits in Nevada. The Company is engaged in exploring the LM Property for high-grade nickel-copper-platinum-palladium deposits. It holds interest in the Voyageur Lands, a separate magmatic nickel-copper-PGM exploration, which covers more than 360 square miles in the Upper Peninsula of Michigan. The Company owns 100% of the 240-claim Nighthawk Property in the central Walker Lane gold belt in Esmeralda County, Nevada, which covers an area of approximately 4,800 acres. Its subsidiaries include Trans Superior Resources, Inc. and Voyageur Lands Corporation. The Nighthawk Property is prospective for near-surface, open pit/heap leach-recoverable oxide gold/silver mineralization.


TSXV:BTT - Post by User

Bullboard Posts
Post by guidon Dec 14, 2009 7:38pm
348 Views
Post# 16586549

Financing closed

Financing closed
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666
flow-through common shares priced at C
.12 for gross proceeds of C$708,200. These
shares plus 250,000 broker warrants will be subject to a hold period expiring April 11,
2010. The shares were placed with a number of individual investors and three limited
partnerships administered by MineralFields Group. The proceeds will be used to fund
ongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver
properties in British Columbia
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a private placement of 5,901,666 flow-through common shares priced at C
.12 for gross proceeds of C$708,200. Theseshares plus 250,000 broker warrants will be subject to a hold period expiring April 11,2010. The shares were placed with a number of individual investors and three limited partnerships administered by MineralFields Group. The proceeds will be used to fundongoing exploration on Bitterroot’s Mineral Creek, North Brenda and SPN gold/silver properties in British Columbia
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