Mr. Glenn Mullan
VAL-D'OR MINING CORPORATION ANNOUNCES $100,000 PRIVATE PLACEMENT
Val-d'Or Mining Corp. will conduct a non-brokered private placement offering, pursuant to which it will issue
up to one million units at a per-unit price of 10 cents for gross proceeds of up to $100,000. Each unit will
consist of one common share in the capital of the company and one-half of one non-transferable common
share purchase warrant, each whole warrant exercisable for the purchase of one common share of the
company at a per-share price of 15 cents for a period of 36 months from the date of closing of the private
The private placement, which is subject to acceptance by the TSX Venture Exchange, will close
concurrent with closing of the offering by the company under a short form prospectus dated Oct. 3,
2017, as previously announced by the company by news release dated Aug. 28, 2017. It is expected
that the closing will take place on or about Oct. 30, 2017, or such other date as may be agreed
between the company and Canaccord Genuity Corp., the agent under the short form prospectus offering,
but in any event not later than Dec. 29, 2017.
The proceeds raised from the private placement will be used by the company to conduct a recommended
phase 1 exploration program on its Oregon property interest located approximately four kilometres northwest of the
town of Barraute in the south-central part of Barraute township, 40 kilometres north of Val d'Or, Abitibi,
northwestern Quebec, which is under option from Golden Valley Mines Ltd. All securities issued under
the private placement will be subject to a hold period of four months and one day from the date of closing
in accordance with applicable securities legislation.
An administration fee of 4 per cent of the gross proceeds raised by the private placement will be paid by the
company to a subscriber.
About Val-d'Or Mining Corp.
Val-d'Or Mining is a junior natural resource issuer involved in the process of exploring,
evaluating and promoting its mineral property assets. The company holds an option to acquire a 100-per-cent
interest in 61 grassroots properties located in Ontario and Quebec; in addition to which it holds a 100-per-cent
interest in the Marymac prospect located in the Labrador Trough of Quebec, subject to a 2-per-cent net smelter return royalty; a
100-per-cent interest in the Shoot-Out prospect, which is the combination of two properties, Shoot-Out East and
Shoot-Out West, and consists of claims located in the Raglan belt of Northern Quebec, subject to a 3-per-cent net smelter return royalty; and a 100-per-cent interest in the Fortin prospect consisting of five contiguous mining claims located in the
central part of Ducros township, approximatively 80 kilometres northeast of the city of Val-d'Or,
Que., subject to a 1.5-per-cent net smelter return royalty. It also holds a 100-per-cent interest in the Chibougamau-Chapais prospect,
located in the Chibougamau area in central Quebec, which was staked by the company in the second
quarter of 2016.
We seek Safe Harbor.
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