Vancouver, BC – OK2 Minerals Ltd. (TSX-V:OK | FRA: 1KO) (the “Company” or “OK2 Minerals”) is pleased to announce a private placement offering for the sale of up to 7,058,824 units (each, a “Unit”) at the issue price of $0.085 per Unit for gross proceeds of up to $ 600,000. Each Unit shall comprise of one common share and one-half of one share purchase warrant, where each whole warrant (a “Warrant”) may be exercised to purchase a further common share at a price of $0.15 for a period of 2 years.
The funds will be used for the Company’s working capital. 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 in close proximity to, or within the “Golden Triangle”.
ON BEHALF OF THE BOARD OF OK2 MINERALS LTD.
Per: “Minaz Devji” Minaz Devji
CEO and Director
OK2 Minerals
Mike Devji
(604) 258-8666
mike.devji@ok2minerals.com
Investor Relations
Kin Communications
1-866-684-6730 (toll-free)
ok@kincommunications.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
