Goldstrike Completes $200,000 Private PlacementGoldstrike Completes $200,000 Private Placement
Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINKSHEETS:APRAF)(FRANKFURT:KCG1) is pleased to announce that its non-brokered private placement announced on June 23, 2014 completed on July 10, 2014. The Company has raised $200,000 by issuing 4,000,000 flow-through units (each a "FT Unit") at the price of $0.05 per FT Unit. Each FT Unit is comprised of one "flow-through" common share (a "FT Share") and share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share (which is not a FT Share) at the price of $0.10 for a period of two years after closing.
No finder's fee or commission is paid in connection with the proposed financing. All FT Shares and any shares issued on the exercise of the Warrants are subject to a four-month hold period from the closing date. Proceeds from the offering will be used only for exploration of the Company's Yukon mineral properties.
ON BEHALF OF THE BOARD
Terrence E. King, President and Chief Executive Officer
For new sections and maps showing the discovery holes on the Summit property, please visit Goldstrike's website at
www.GoldstrikeResources.com. For further information follow the Company's tweets at
www.Twitter.com/GoldstrikeRes.