Shamrock Enterprises Arranges Private Placement
September 27 2013 - 6:05AM
Marketwired Canada
Shamrock Enterprises Inc. (CNSX:SRS) (the "Company") announces that it intends
to carry out a private placement of 5,000,000 Units at $0.05 per Unit for gross
proceeds of up to $250,000. Each Unit consists of one common share without par
value in the capital of the Issuer and one common share purchase warrant of the
Issuer. Each Warrant shall entitle the holder to acquire one common share of the
Issuer for a period of two years from the date of issuance of the Warrant with
an exercise price of $0.10 per share in the first year, and an exercise price of
$0.14 per share in the second year. The Company may pay a finder's fee to
authorized persons.
Proceeds from the financing will be used to complete an interactive 3D
Interpretation and model of the Fireweed property, compilation of all previous
available data and to conduct a site visit to re-inspect the old core and an
examination of the property in preparation for the Phase III Drill Program.
About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining
exploration company focused on the procurement, exploration and development of
silver and other precious metal properties in North America. The Company's
common shares are listed and posted for trading on the Canadian National Stock
Exchange ("CNSX") under the symbol "SRS".
On behalf of the Board,
Gordon Osinchuk, President
Neither the Canadian National Stock Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Shamrock Enterprises Inc.
Gordon R. Osinchuk, Chief Executive Officer
(604) 722-1877
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