Company News Releases...
Pacific Booker Minerals Inc. Announces Private Placement
Vancouver BC, May 5, 2016: Pacific Booker Minerals Inc. is pleased to
announce the intent to complete a non-brokered private placement consisting of
approximately 500,000 units (“Units”) for total proceeds of $500,000. Price per
share will be $1.00 and for every 2 shares purchased, the placee will receive a
warrant for one share. Each Warrant will entitle the holder to purchase one
additional common share at a price of $1.50 per share for a period of 24 months
from the closing date. All securities issued will be subject to a four-month
hold period from closing. The proceeds of the private placement will be used for
general working capital. No finder’s fee or commission will be payable for this
private placement. The private placement is subject to regulatory approval by
the TSX Venture Exchange.
The Company would also like to advise our shareholders that our common shares
are also trading on the US over-the-counter marketplace under the symbol “pbmlf”.
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On Behalf of the Board of Directors
John Plourde, Director