01:19:50 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Calico Resources Corp
Symbol CKB
Shares Issued 51,695,369
Close 2014-03-21 C$ 0.14
Market Cap C$ 7,237,352
Recent Sedar Documents

Calico Resources arranges $2-million private placement

2014-03-25 14:59 ET - News Release

Finlayson Subject: Calico - News Release Please issue the attached news release. Stockwatch, if you are still having problems with opening up PDF attachments, I set out the news release below: CALICO RESOURCES CORP. Suite 615, 800 West Pender Street Vancouver, BC V6C 2V6 March 25, 2014 ANNOUNCEMENT OF PRIVATE PLACEMENT FINANCING AND DEBT SETTLEMENT Calico Resources Corp. (TSX-V: CKB) ("Calico") is very pleased to announce a proposed private placement financing. Calico proposes to raise private placement funds of up to $2.0 Million by the issuance of units at the price of $0.12 per unit, with each unit comprised of one common share and one-half transferable share purchase warrant, with each full warrant entitling the holder to purchase a further share at the price of $0.15 up to one year from the date of the closing of the private placement. The proceeds of the private placement will be used to continue the permitting process of Calico's high grade underground gold deposit, the Grassy Mountain Project, located in south east Oregon. Shareholders are urged to review the technical report dated November 29, 2012 which was filed in www.SEDAR.com on December 4, 2012 under Calico's profile and also to review the updated technical disclosure which is contained in Calico's Information Circular dated January 14, 2014 which also was filed in www.SEDAR.com on January 20, 2014. The proceeds of the private placement will also be used for general corporate purposes. Also Calico is pleased to announce the settlement of debt of up to $300,000 by the issuance of units having the same terms as the units in the general private placement. The debt settlement is subject to Exchange approval. All securities to be issued under the private placement and debt settlement will be subject to a four month hold period and the securities to be issued to US residents, will also be subject to resale restrictions under US securities laws. On behalf of the Board, Arden (Buck) Morrow, President, CEO and Chairman For more information please email Buck Morrow at bmorrow@calicoresources.com or telephone 604 681-6855. Cautionary Statement Neither TSX Venture Exchange nor its Regulation 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. Alan Finlayson Northwest Law Group Suite 704-595 Howe Street Box 35 Vancouver, BC, Canada V6C 2T5 604-687-5792 Reception 604-787-6910 Cell 604-687-6650 Fax alan_finlayson@telus.net This e-mail message (including attachments, if any) is confidential and is intended only for the addressee. Any unauthorized use or disclosure is strictly prohibited. Disclosure of this e-mail to anyone other than the intended addressee does not constitute waiver of privilege. If you have received this communication in error, please notify us immediately and delete this. Thank you for your cooperation.

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