Wolverine Minerals Corp. - (the "Company") announces that it has completed its previously announced non-brokered private placement financing (the "Financing") of 7,000,000 units (each, a "Unit") at a price of $0.05 per Unit for gross proceeds of $350,000. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant"). One Warrant entitles the holder thereof to purchase one additional Share of the Company at a price of $0.10 per Share until June 18, 2016. Insiders of the Company purchased an aggregate of 5,000,000 Units.
The proceeds of the Financing will be used for working capital.
The securities issued in connection with the closing of the Financing are subject to a restricted period that expires on October 19, 2013.
WOLVERINE MINERALS CORP.
Per: "Thomas A. Doyle" Thomas A. Doyle, President & CEO
www.wolverineminerals.ca
Neither 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.
You can view the Next News Releases item: Tue Feb 4, 2014, Wolverine Minerals Extends Due Diligence Period In Acquisition Of An Interest In Columbia Gold Properties From Tolima Gold
You can view the Previous News Releases item: Thu May 16, 2013, Wolverine Announces Private Placement
Contact:
Wolverine Minerals Corp. Thomas A. Doyle Logan Anderson Phone: (604) 689- 5722 Email: info@wolverineminerals.ca
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Wolverine Minerals Corp. - (the "Company") announces that it has completed its previously announced non-brokered private placement financing (the "Financing") of 7,000,000 units (each, a "Unit") at a price of $0.05 per Unit for gross proceeds of $350,000. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant"). One Warrant entitles the holder thereof to purchase one additional Share of the Company at a price of $0.10 per Share until June 18, 2016. Insiders of the Company purchased an aggregate of 5,000,000 Units.
