Managment take part in financingPacificOre Mining 16-million-share private placement 2013-10-10 18:37 ET - Private Placement The TSX Venture Exchange has accepted for expedited filing documentation with respect to a non-brokered private placement announced on Sept. 12, 2013, and amended Oct. 2, 2013. Number of shares: 16 million shares Purchase price: Five cents per share Warrants: 16 million share purchase warrants to purchase 16 million shares Warrant exercise price: 10 cents for a one-year period (Once resale restrictions on the shares have expired and upon company's shares trading at or above a weighted average trading price of 15 cents for 20 consecutive trading days, the company may give notice that the warrants will expire 30 days from the date of providing such notice.) Number of placees: 36 placees Insiders: Stephen Pearce, 1.2 million; Wim Bakker, 1.2 million; J. Paul Sorbara, 160,000; John Hewlett, 500,000 © 2013 Canjex Publishing Ltd. All rights reserved