Bitterroot Resources Ltd V.BTT

Alternate Symbol(s): BITTF

Metals & Mining Industrial Metals & Minerals

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.

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Bitterroot Resources Ltd

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Post by trytomakeabuckon Jun 10, 2013 8:28pm

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Post# 21513272

Bitterroot Arranges $1.53-million Private Placemen

2013-06-10 17:53 AT - News Release

Mr. Michael Carr reports

$1,530,000 UNIT FINANCING

Bitterroot Resources Ltd. has agreed to issue 17 million units priced at nine cents in a non-brokered private placement for gross proceeds of $1.53-million. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable at 15 cents for a period of 12 months. The proceeds will be used to finance drilling of the company's nickel/copper/platinum group metal targets in Michigan and for working capital.

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