Vancouver, British Columbia--(Newsfile Corp. - September 14, 2017) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF)
is advising that the private placement announced on September 6th
has been withdrawn.
The Company is announcing the intent to complete a non-brokered private placement to a maximum of approximately 500,000 units
("Units") for total proceeds of $400,000. The units consist of one share at a purchase price of $0.80 and one warrant to purchase
an additional share at a price of $1.00 exercisable for a period of 24 months from the date of issuance. If, at any time, the
Common Shares close at a price of $1.40 or greater, for a period of 20 consecutive trading days, the Company may accelerate the
expiry date of the Warrants by giving notice to the warrant holders and the Warrants would expire on the 30th day after the date on
which notice is given by the Company. All securities issued will be subject to a four-month hold period from closing. The proceeds
will be used for general working capital. No finder's fee or commission will be payable for this private placement. The private
placement is subject to regulatory approval by the TSX Venture Exchange.
The Company is also advising that the hold period and warrant expiry date for the Private Placement announced July 20, 2017 has
been changed due to a delay in the final approval. The hold period on the shares will expire January 13, 2018 and the warrants will
have an expiry date of September 13, 2019.
If you would like to be added to or removed from our newsgroup, please send your request by email to info@pacificbooker.com.
On Behalf of the Board of Directors
"John Plourde"
John Plourde, Director
No regulatory authority has approved or disapproved the information contained in this news
release.
