Mr. Lawrence Roulston reports
MOUNTAIN BOY INCREASES FLOW-THROUGH FINANCING TO $1,250,000
Mountain Boy Minerals Ltd. will increase the previously announced $1-million flow-through financing at 30 cents per common share to $1.25-million and the financing is expected to close shortly.
common shares are priced at 30 cents per common share.
The gross proceeds from the FT offering of flow-through shares will be invested in eligible exploration expenditures in the province of British Columbia and certain British Columbia residents may be eligible for addition income tax deductions making this offering's shares commonly referred to as superflow-through shares.
All securities will be subject to a four-month hold period from the date of closing. The company may pay finders' fees and insiders may be participating in this offering.
The offering is subject to the approval of the TSX Venture Exchange and applicable laws.
We seek Safe Harbor.
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