Tartisan Resources announces $300K private placement

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By CPE News

Toronto (pcJ News Briefs) – Tartisan Resources Corp. (CSE: TTC) intends to close a non-brokered private placement of up to two million units at $0.15 per unit for gross proceeds of up to $300,000.

Each unit consists of one common share and one share purchase warrant exercisable for an additional common share at $0.20, expiring eighteen months from date of closing of the offering.

Net proceeds from this offering will be used for general working capital purposes and to acquire and further its interests in properties and projects in Peru, in particular to initiate a work program on the 100% owned Don Pancho polymetallic zinc-lead-silver-manganese project located 105 kilometers north-northeast of Lima in the Province of Huaral, Department of Lima, Peru and to complete the acquisition of a 100% interest in the Ichuna copper-silver property in South Peru.

photo credit: Tartisan Resources