Everton Resources arranges $600,000 placement2016-05-19 09:22 ET - News Release Mr. Andre Audet reports EVERTON ANNOUNCES A $600,000 NON-BROKERED PRIVATE PLACEMENT Everton Resources Inc. has arranged a $600,000 non-brokered private placement comprising $300,000 in flow-through shares at five cents per share and $300,000 in non-flow-through shares at five cents per share with one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof to acquire one additional common share in the capital of the corporation at a price of seven cents per common share for a period of 24 months following the closing of the offering. All securities issued in the private placement are subject to a four-month hold period. The proceeds of the financing will be used to advance exploration work in Dominican Republic and in Canada and also for working capital. The corporation may pay finders' fees on a portion of the private placement not relating to insiders of the corporation. 2016 Canjex Publishing Ltd. All rights reserved.