Portofino Announces $500,000 Private Placement
Vancouver, B.C., January 09, 2019. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) (Portofino or the Company) announces it has arranged a non-brokered private placement for up to $500,000 for 9,090,909 Units priced at $.055/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08.
The Company contemplates that various exemptions will be utilized pursuant to this financing. It may rely upon the suitability advice exemption (B.C. Instrument 45-536) as well as the existing shareholder exem [...]
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