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ICS Copper Systems Ltd Completes 2nd Private Placement of $100,000 CAD
The warrants are subject to accelerated expiry if common shares trade at or above
All securities are subject to a hold period expiring
The Company has paid to Cormel Capital LLC a finder's fee of 50,000 shares and 50,000 share purchase warrants with the same terms as above in connection with this financing.
Proceeds of the private placement will be used by the Company for general working capital.
ICS COPPER SYSTEMS LTD.
Signed "Graham Chisholm"
This release includes certain statements that are "forward-looking statements". All statements in this release, other than statements of historical facts that address future exploration, development and production activities, and other circumstances, events and developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results, events and developments may differ materially from those in the forward-looking statements. The occurrence of certain risk factors, the probability of which is unknown, may also affect actual results, events and developments expected by the Company.
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.
SOURCE ICS Copper Systems Ltd.
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