|Bid||0.0350 x 0|
|Ask||0.0400 x 0|
|Day's Range||0.0400 - 0.0400|
|52 Week Range||0.0200 - 0.0500|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
With the recent closing of the Private Placement, announced on July 5th, 2019, the Company is now able to fund the preparation of these documents and intends to bring its filings current prior to month’s end. Once the filings are made, the Company intends to apply for immediate reinstatement as a Tier 2 company on the TSX Venture Exchange. Waseco is an exploration company focused on exploring for gold in Nevada. The Company is listed on the TSX Venture Exchange and the Frankfurt Stock Exchange. There are currently approximately 42 Million shares issued and outstanding. For further information on the Company, please visit the Waseco web site at www.wasecoresources.com or contact Richard Williams at (416) 364-3123- e-mail: firstname.lastname@example.org.
Waseco Resources Inc. (“WRI”-TSX-V) (“Waseco” or the “Company”) is extending its non- brokered private placement (the “Offering”), originally announced on April 23, 2019, until July 5th, 2019. The Offering is of units at a price of $0.05 per unit, consisting of up to 10,000,000 common shares (the “Common Shares”) and 10,000,000 one half (1/2) share purchase warrants (the “Warrants”). Each of two (2) Warrants will entitle the holder to purchase one common share of the Company at a price of $0.075 per share at any time prior to 12 months from the date of the closing of the Offering. At the closing of the Offering, finder’s fees of 6% of the proceeds may be payable in cash.
The Stibnite Gold Zone was first identified by the Company intersecting 25.4 g/t Au (0.9oz/t) over 3.7m (12 feet) in the interval 150-153.7m (492-504 feet). All five subsequent holes in the immediate area intersected gold mineralization (up to 7.59g/t Au over 3m and 6.68g/t over 3m) and have been interpreted as extending the Stibnite Gold Zone at least 155 meters along strike and a further 70m at depth. The Zone remains open to depth and in both directions. The Offering will be conducted by the Company utilizing the “existing shareholder exemption” as described in Multilateral CSA Notice 45-313- Prospectus Exemption for Distributions to Existing Security Holders (the “Existing Shareholder Exemption”), as well as exemptions under the “accredited investor” exemption of National Instrument 45-106- Prospectus and Registration Exemptions (NI-45-106) and also other exemptions available to the Company.
Waseco Resources Inc. (the “Company”) (WRI.V) plans to re-activate its exploration program on the Battle Mountain Ridge gold project in Nevada. At the request of IIROC, the Company wishes to clarify certain disclosure earlier circulated to select shareholders. The intent of this release is to generally disseminate this information.