Vancouver, British Columbia--(Newsfile Corp. - December 24, 2014) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) reports that it has closed the second tranche of a
previously announced non-brokered private placement.
In connection with the closing of the second tranche, the
Company has issued 1,000,000 Units, priced at $0.02 per Unit, for gross proceeds
of $20,000. Each Unit is comprised of one common share and one share purchase
warrant, with each whole warrant entitling the holder to purchase one additional
common share, at an exercise price of $0.05 per share, prior to December 24,
2017.
A finder's fee of $1,200, equal to 6% of certain found
subscriptions to the private placement, has been paid to Leede Financial Markets
Inc.
Securities issued pursuant to the private placement are subject
to a four month hold until April 25, 2015.
Proceeds of the private placement will be used for general
working capital.
On Behalf of the Board of Directors,
"Paul Cowley"
President and CEO
For further information, please contact:
Paul Cowley:
(604) 340-7711
Website: www.indigoexploration.com
Neither the TSX Venture Exchange nor its Regulations Services
Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
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