Source Exploration Closes Non-Brokered Private Placement
March 3, 2017
Source Exploration Corp. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of approximately 12,333,333 units of the Company at a price of $0.15 per Unit for gross proceeds of approximately $1.85 million. Each Unit consisted of one common share of the Company and one transferable common share purchase warrant. Each Warrant entitles the holder to purchase one Common Share at a price of $0.25 per Common Share until March 3, 2019.
