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Rochester Resources Ltd. — Capital/Financing Update 2020
Aug 10, 2020
43548_rns_2020-08-10_36078291-6569-4e09-bb55-3a01caabec23.pdf
Capital/Financing Update
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Rochester RESOURCES LTD.
TSX Venture: RCT Frankfurt: R5I
Suite 1305-1090 W. Georgia St., Vancouver, BC, V6E 3V7 ♦ Phone: 604.685.9316 ♦ Fax: 604.683.1585
News Release
ROCHESTER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia – August 10th 2020: - Rochester Resources Ltd. (TSXV: RCT and Frankfurt: R5I) (the “Company”) announces a non-brokered private placement consisting of up to 2,500,000 common shares (the “Shares”) at a price of C$0.05 per Share for total gross proceeds of C$125,000. Insiders will participate in the private placement. The Shares will be subject to a four month and one day hold period from the date of issuance of the shares. The proceeds raised from the financing will be used for general working capital purposes. The financing is subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD
“Nick DeMare”
CEO and Director
Neither the 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.