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Prime Meridian Resources Corp (2)
Symbol PMR
Shares Issued 12,475,422
Close 2014-09-19 C$ 0.11
Market Cap C$ 1,372,296
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ORIGINAL: Prime Meridian boosts private placement to $1-million

2014-09-22 15:38 ET - News Release

Received by email:

File: NRSEP22.docx


September 22, 2014
 News Release
 TSX-V Symbol: PMR
 
 PRIME MERIDIAN INCREASES PRIVATE PLACEMENT

Vancouver, B.C.: Prime Meridian Resources Corp. ("Prime" or the "Company") (TSX-V Symbol: PMR) announces that the curr
--->ent non-brokered private placement (see News Release of July 28, 2014) of up to 5.0 million units at a price of ten ce
--->nts per unit ($0.10) to raise proceeds of up to $500,000 will be increased to 10.0 million units to raise proceeds of 
--->up to $1.0 million. Each unit will consist of one common share and one common share purchase warrant (the "Unit Warran
--->ts") with each Unit Warrant entitling the holder to acquire one additional common share at a price of 50 cents ($0.50)
---> per share for one year from closing. The Unit Warrants are subject to the right of the Company to accelerate the exer
--->cise period for the Unit Warrants if the common shares of the Company trade above 50 cents ($0.60) for a period of 10 
--->consecutive trading days. The proceeds of the private placement will be allocated toward general working capital purpo
--->ses and repayment of debt. The Company will not be proceeding with a planned Share for Debt issuance. 

The Company may pay finders' fees on the private placement proceeds to certain parties in accordance with the policies
---> of and subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors of
Prime Meridian Resources Corp.

"Brian Leeners"

Brian Leeners, CEO & Director

For further information, please refer to our website www.primemeridianres.com or contact: 

Prime Meridian Resources Corp.
TEL:     604-893-8384
Email:  info@primemeridianres.com


Neither the 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.






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