Dajin Negotiates A $200,000 Private Placement
Vancouver, BC / TheNewswire / March 16, 2015 - Dajin Resources Corp. ("Dajin") (DJI-V: TSX) (DJIFF-OTC) is pleased to announce that, subject to regulatory approval, a non-brokered Private Placement has been arranged for 4,000,000 Units at a price of $0.05 per unit for gross proceeds of $200,000. Each Unit is comprised of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of Dajin at a price of $0.05 per share for a period of two years from the date of acceptance of the Private Placement by the TSX Venture Exchange. A finder's fee will be paid in cash or units on closing in accordance with TSX Venture Exchange policy. The proceeds from the Private Placement will be used for property exploration, project development and for general working capital.
About Dajin: (www.dajin.ca)
Dajin is an early stage energy metals exploration company holding a 100% interest in claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 2,191 hectares (5,414 acres), are located adjacent to the site of US Borax Corp's first borax mine.
Dajin also holds a 100% interest in concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with potassium, lithium and boron values. These concessions total approximately 100,000 hectares (247,000 acres) with 80,248 hectares (198,000 acres) are located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Ltd. (ORL-T: TSX), who is partnered with Toyota Tsusho.
For further information please contact:
DAJIN RESOURCES CORP.
Brian Findlay, President
Phone: 604-681-6151; Fax: 604-689-7654
Email brian@dajin.ca
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adequacy or accuracy of this release.
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