Durango Arranges Private Placement
Vancouver, BC / TheNewswire / November 18, 2015 - Durango Resources Inc. (the "Company" or "Durango") has arranged a non-brokered private placement of up to three million units at 13 cents for total gross proceeds of $390,000. Each unit will comprise of one common share and one share purchase warrant of the Company. Each warrant will entitle the holder to purchase one share for a period of two years at 18 cents.
About Durango
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner's Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.
DURANGO AGENCE PLACEMENT PRIVE
Vancouver, Colombie-Britannique / TheNewswire / Novembre 18, ici a 2015 - Ressources Durango Inc. (la "Societe" ou "Durango") a organise un placement prive sans courtier d'un maximum de trois millions d'unites a 13 cents pour un produit brut total de 390 000 $. Chaque unite sera composee d'une action ordinaire et un bon de souscription de la Societe. Chaque bon de souscription permettra a son detenteur d'acheter une action pour une periode de deux ans a 18 cents.
A propos de Durango
Durango est une societe des ressources naturelles engagee dans l'acquisition et l'exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l'Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900
Mobile: 604.339.2243
Facsimile: 888.266.3983
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.com.
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.
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