Strongbow Resources Inc. Announces Closing of a Private Placement of US$200,000

Strongbow Resources Inc. Announces Closing of a Private Placement of US$200,000

Strongbow Resources Inc. Announces Closing of a Private Placement of US$200,000

LAS VEGAS, NV--(Marketwired - Feb 21, 2017) - Strongbow Resources Inc. (OTCQB: STBR) (the "Company") is pleased to announce that it has closed a private placement of 800,000 units at a price of US$0.25 per unit for gross proceeds of US$200,000. Each unit consists of one share of the Company's common stock and one share purchase warrant, which entitles the holder to purchase an additional share at a price of US$0.60 for a period of two years.

None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

On behalf of the Board of Directors,

STRONGBOW RESOURCES INC.

"Michael Caetano"

Michael Caetano

Chief Executive Officer

Strongbow Resources, Inc.

Michael Caetano

Chief Executive Officer

mcaetano@strongbowinc.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!