Blue River Resources Ltd V.BXR.H

Alternate Symbol(s): BRVRF

Blue River Resources Ltd. is a Canada-based mineral exploration and development company. The Company is in the business of acquisition, exploration, and development of mineral properties. The Company is focusing on its Castle Copper project near Princeton, British Columbia (BC) and SWB Mining Claims in Ontario and is assessing additional opportunities in the mineral exploration sector and possible further opportunities with their investment in Global Satellite Integration Ltd (GSIL). The Castle Project is located in the Similkameen area of BC. The SWB Mining Claims include properties, such as Scruffy Lake Property, Wildrice Lake Property, and Bedivere Lake Property. The Company has no producing properties. The Company's wholly owned subsidiary is Blue River Resources Inc.

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Blue River Resources Ltd

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Post by prospero10on Jan 09, 2018 2:49pm

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Post# 27315887

Blue River closes $500,000 private placement

2018-01-08 19:08 ET - News Release

BLUE RIVER RESOURCES LTD. CLOSES PRIVATE PLACEMENT

Blue River Resources Ltd. has closed its previously announced non-brokered private placement on Jan. 5 2018. The company issued 50 million units of its securities at one cent per unit for gross proceeds of $500,000. Each unit consists of one common share and one share purchase warrant with each warrant entitling the holder to purchase one additional common share at an exercise price of five cents per share on or before May 5, 2020. The securities issued pursuant to the private placement are restricted from trading until May 5, 2018. The proceeds raised will be used for exploration and a National Instrument 43-101 report on the Castle copper project near Princeton, B.C., and general working capital.

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