Chantrell Ventures Corp. (the "Company") (TSX VENTURE:CV.H) is pleased to
announce that, subject to regulatory approval, it has arranged a non-brokered
private placement of up to 1,000,000 units at a price of $0.50 per unit, for
gross proceeds of $500,000. Each unit will consist of one common share of the
Company and one-half of one share purchase warrant. Each whole warrant will
entitle the holder to purchase an additional common share at a price of $0.75
per share for a period of 12 months. The Company will pay finders' fees equal to
5% of subscription amounts received, payable in cash or units, in addition to
finders' warrants equal to 5% of the number of units subscribed for, each
exercisable into one common share of the Company at a price of $0.75 per share
for a period of 12 months from closing. All securities will be subject to a four
month hold period.


The proceeds of the private placement will be used for general working capital
and to assist in conducting due diligence of potential gold and or copper
properties in the Americas.


CHANTRELL VENTURES CORP.

On behalf of the Board

Paul Parisotto, President, CEO, CFO & Director 

Statements included in this announcement, including statements concerning our
plans, intentions and expectations, which are not historical in nature are
intended to be, and are hereby identified as, "forward-looking statements" for
purposes of the safe harbor provided by Section 21E of the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions. The
company cautions readers that forward-looking statements, including without
limitation those relating to the Company's future operations and business
prospects, are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the forward-looking
statements.


Chantrell Ventures (TSXV:CV.H)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Chantrell Ventures Charts.
Chantrell Ventures (TSXV:CV.H)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Chantrell Ventures Charts.