16:38:35 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



New Dimension Resources Ltd (2)
Symbol NDR
Shares Issued 8,170,689
Close 2015-03-27 C$ 0.065
Market Cap C$ 531,095
Recent Sedar Documents

ORIGINAL: New Dimension arranges 1.5-million-unit financing

2015-03-27 19:36 ET - News Release

 NDR <info@newdimensionresources.com>
Subject: New Dimension Resources Ltd. Announces Private Placement 

PLAIN TEXT:


[NDR_Logo_Final_Letterhead]SUITE 860 - 625 HOWE STREET
VANCOUVER, BC   V6C 2T6  CANADA
TEL: 604-687-7545  FAX: 604-689-5041
   www.newdimensionresources.com<http://www.newdimensionresources.com>

PRESS RELEASE #15-03

FOR IMMEDIATE RELEASE

March 27, 2015

New Dimension Resources Ltd. Announces Private Placement


New Dimension Resources Ltd. (TSX-V: NDR) (the "Company" or "New Dimension") has arranged a non-brokered private place
--->ment of up to 1,500,000 Units at a price of $0.06 per Unit.  Each Unit shall be comprised of one common share and one 
--->warrant.  Each warrant will entitle the holder to acquire one common share of New Dimension at a price of $0.15 for a 
--->period of 24 months immediately following the closing date.  The warrants will be subjected to an accelerated exercise
---> provision if the share price of New Dimension trades at or above $0.25 for 10 or more consecutive trading days.



Net proceeds of this private placement will be used to further the Company's exploration projects, fund possible new a
--->cquisitions and for general working capital.


About New Dimension Resources Ltd.
New Dimension is engaged in the acquisition, exploration and development of quality mineral resource properties throug
--->hout the Americas with a focus on potential bulk tonnage gold and silver deposits.  The Company is currently focused o
--->n its mineral projects in Canada with a priority directed toward the Midas gold property, located in north central Ont
--->ario. New Dimension also continues to aggressively review acquisition opportunities in the Americas that meet its expl
--->oration criteria.
ON BEHALF OF THE BOARD

NEW DIMENSION RESOURCES LTD.

"Fred G. Hewett"
___________________________
Fred G. Hewett, P.Eng.
President & CEO



For further information please contact Chris Curran, Manager, Corporate Communications at (604) 563-4807
** INTERNET ADDRESS: www.newdimensionresources.com ** Email:  info@newdimensionresources.com
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 news release.

This news release may contain forward looking statements which are not historical facts, such as statements of belief 
--->of similarity of geological characteristics or features, statements of unverified drilling and sampling results and ex
--->pectations of receipt of permits and plans for future work.  Forward looking statements involve a number of risks and 
--->uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties
---> include, but are not limited to, unexpected geological factors, exploration results, results of verification work and
---> unanticipated regulatory obstacles.   See New Dimension's filings for a more detailed discussion of factors that may 
--->impact expected results.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the Unite
--->d States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as 
--->amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United Stat
--->es or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemp
--->tion from such registration is available.






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</span><span lang="EN-US" style="font-size:8.5pt;font-family:"Arial","sans-serif"">860 - 625 HOWE 
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<p class="MsoNormal"><span lang="EN-US" style="font-size:8.5pt;font-family:"Arial","sans-serif"">V
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<p class="MsoNormal"><span lang="ES-MX" style="font-size:8.5pt;font-family:"Arial","sans-serif"">T
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<a href="http://www.newdimensionresources.com">www.newdimensionresources.com</a><o:p></o:p></span></p>
<p class="H1" style="margin:0in;margin-bottom:.0001pt"><span lang="EN-GB" style="font-size:12.0pt">PRESS RELEASE
<span style="color:black">#15-</span>03<o:p></o:p></span></p>
<p class="HeadingTitle2" style="margin-top:0in"><span style="font-size:12.0pt">FOR IMMEDIATE RELEASE<o:p></o:p></span>
---></p>
<p class="MsoNormal" style="line-height:12.0pt"><b><span style="font-size:12.0pt;color:black"><o:p>&nbsp;</o:p></span>
---></b></p>
<p class="MsoNormal" style="line-height:12.0pt"><b><span style="font-size:12.0pt;color:black">March 27, 2015<o:p></o:p
--->></span></b></p>
<p class="MsoNormal" style="line-height:12.0pt"><b><span style="font-size:12.0pt;color:black"><o:p>&nbsp;</o:p></span>
---></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><u><span style="font-size:12.0pt">New Dimension Resou
--->rces Ltd. Announces Private Placement</span></u></b><span style="font-size:11.0pt">
</span><b><u><span style="font-size:12.0pt"><o:p></o:p></span></u></b></p>
<p class="MsoNormal" align="center" style="text-align:center"><b><i><span style="font-size:12.0pt"><o:p>&nbsp;</o:p></
--->span></i></b></p>
<p class="Normal11pt"><b><span lang="EN-US">New Dimension Resources Ltd.. (TSX-V: NDR) (the &#8220;Company&#8221; or &
--->#8220;New Dimension</span></b><span lang="EN-US">&#8221;)
</span><span lang="EN-US" style="color:black">has arranged a non-brokered private placement of up to 1,500,000 Units a
--->t a price of $0.06 per
</span><span lang="EN-US">Unit.&nbsp; Each Unit shall be comprised of one common share and one warrant.&nbsp; Each war
--->rant will entitle the holder to acquire one common share of New Dimension at a price of $0.15 for a period of 24 month
--->s immediately following the closing
 date.&nbsp; The warrants will be subjected to an accelerated exercise provision if the share price of New Dimension t
--->rades at or above $0.25 for 10 or more consecutive trading days.
<o:p></o:p></span></p>
<p class="Normal11pt"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="Normal11pt"><span lang="EN-US">Net proceeds of this private placement will be used to further the Company&#8
--->217;s exploration projects, fund possible new acquisitions and for general working capital.<o:p></o:p></span></p>
<p class="Normal11pt"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><b><i><span style="font-size:11.0pt">About New Dimension Resources Ltd
--->.</span></i></b><span style="font-size:11.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:justify">
<span style="font-size:11.0pt">New Dimension is engaged in the acquisition, exploration and development of quality min
--->eral resource properties throughout the Americas with a focus on potential bulk tonnage gold and silver deposits.&nbsp
--->; The Company is currently
 focused on its mineral projects in Canada with a priority directed toward the Midas gold property, located in north c
--->entral Ontario. New Dimension also continues to aggressively review acquisition opportunities in the Americas that mee
--->t its exploration criteria.<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><a name="_GoBack"></a><span style="font-size:11.0pt">ON BEHALF OF THE 
--->BOARD
</span><span lang="EN-US" style="font-size:11.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-size:11.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><b><span style="font-size:11.0pt">NEW DIMENSION RESOURCES LTD.<o:p></o
--->:p></span></b></p>
<p class="MsoNormal" style="text-align:justify"><b><span style="font-size:11.0pt"><o:p>&nbsp;</o:p></span></b></p>
<p class="MsoNormal" style="text-align:justify;page-break-after:avoid"><b><i><span style="font-size:11.0pt">&#8220;Fre
--->d G. Hewett&#8221;</span></i></b><span style="font-size:11.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><b><i><u><span style="font-size:11.0pt">___________________________
<o:p></o:p></span></u></i></b></p>
<p class="MsoNormal" style="text-align:justify"><b><span style="font-size:11.0pt">Fred G. Hewett, P.Eng.<o:p></o:p></s
--->pan></b></p>
<p class="MsoNormal" style="page-break-after:avoid"><b><span style="font-size:11.0pt">President &amp; CEO<o:p></o:p></
--->span></b></p>
<p class="Blockquote" style="margin:0in;margin-bottom:.0001pt;text-align:justify">
<span lang="EN-US" style="font-size:11.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="mso-line-height-alt:8.0pt"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" align="center" style="text-align:center;page-break-after:avoid">
<b><span style="font-size:9.0pt">For further information please contact Chris Curran, Manager, Corporate Communication
--->s at (604) 563-4807
<o:p></o:p></span></b></p>
<p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt:8.0pt">
<b><u><span style="font-size:9.0pt">** INTERNET ADDRESS: www.newdimensionresources.com ** Email:&nbsp; info@newdimensi
--->onresources.com<o:p></o:p></span></u></b></p>
<p class="MsoNormal" style="margin-top:6.0pt;text-align:justify;mso-line-height-alt:4.0pt">
<i><span style="font-size:9.0pt;color:black">Neither TSX Venture Exchange nor its Regulation Services Provider (as tha
--->t term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of 
--->this news release</span></i><i><span style="font-size:9.0pt">.
<o:p></o:p></span></i></p>
<p class="MsoNormal" style="text-align:justify;mso-line-height-alt:4.0pt"><i><span style="font-size:9.0pt"><o:p>&nbsp;
---></o:p></span></i></p>
<p class="MsoNormal" style="text-align:justify;mso-line-height-alt:4.0pt"><i><span style="font-size:9.0pt">This news r
--->elease may contain forward looking statements which are not historical facts, such as statements of belief of similari
--->ty of geological characteristics
 or features, statements of unverified drilling and sampling results and expectations of receipt of permits and plans 
--->for future work.&nbsp; Forward looking statements involve a number of risks and uncertainties that could cause actual 
--->results to differ materially
 from those projected. These risks and uncertainties include, but are not limited to, unexpected geological factors, e
--->xploration results, results of verification work and unanticipated regulatory obstacles.&nbsp;&nbsp; See New Dimension
--->&#8217;s filings for a more detailed
 discussion of factors that may impact expected results.<o:p></o:p></span></i></p>
<p class="MsoNormal" style="text-align:justify;mso-line-height-alt:4.0pt"><i><span style="font-size:9.0pt"><o:p>&nbsp;
---></o:p></span></i></p>
<p class="MsoNormal" style="text-align:justify"><i><span style="font-size:9.0pt">This news release does not constitute
---> an offer to sell or solicitation of an offer to sell any securities in the United States.&nbsp; The securities have n
--->ot been and will not be registered
 under the United States Securities Act of 1933, as amended (the &#8220;U.S.. Securities Act&#8221;) or any state secu
--->rities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S
--->. Securities Act and applicable state
 securities laws or an exemption from such registration is available.<o:p></o:p></span></i></p>
<p class="MsoNormal" style="line-height:12.0pt"><span style="font-size:9.0pt;letter-spacing:-.6pt"><o:p>&nbsp;</o:p></
--->span></p>
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---></o:p></span></p>
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