Vancouver, BC – OK2 Minerals Ltd. (TSX-V:OK | FRA: 1KO) (the “Company” or “OK2 Minerals”) is pleased to announce the closing of the 2nd tranche of its offering (News Release August 31, 2017) of $518,000 which together with the 1st tranche exceeds the initially announced $750,000 by an overallotment of $18,000. The Company is currently applying for closing conditional approval from the TSX Venture Exchange.
The Company further announces a new flow-through offering, raising up to $252,000 through the sale of up to 2,800,000 flow-through shares at the issue price of $0.09 per flow-through share.
The funds shall be used for exploration and drilling on the Pyramid and Kinskuch Projects. Finders’ fees shall be paid in cash, shares or warrants, or a combination of the foregoing, subject to board approval and in accordance with the policies of the TSX Venture Exchange.
The completion of the private placement is subject to approval from the TSX Venture Exchange.
ABOUT OK2 Minerals Ltd.
OK2 Minerals Ltd. is a Canadian-based junior exploration company comprised of highly qualified mining professionals with two very prospective copper-gold exploration projects, the Pyramid Project and the Kinskuch Project, both located in northwestern British Columbia on or within the “Golden Triangle”.
ON BEHALF OF THE BOARD OF OK2 MINERALS LTD.
Per: “Minaz Devji” Minaz Devji
CEO and Director
This news release was prepared by Company management, who take full responsibility for its content.
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.